Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	970.10	-0.40	-0.04%
WTI Crude •10 mins	70.15	+0.05	+0.07%
Gasoline •1 hour	2.059	+0.014	+0.66%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.23	+1.42	+1.95%
Natural Gas • 10 mins	3.395	+0.056	+1.68%
Heating Oil • 10 mins	2.269	-0.006	-0.24%

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GBP/USD - Bouncing Lower

By - May 29, 2015, 5:35 AM CDT

GBP/USD is declining through a short-term trend-line. Lower lows suggest a downside momentum. Hourly resistance can be found at 1.5437 (27/05/2015 high) and supports is given at 1.5261 (28/05/2015 low).

In the longer term, the technical structure looks like a recovery bottom whose maximum upside potential is given by the strong resistance at 1.6189 (Fibo 61% entrancement).

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