Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	946.00	+2.00	+0.21%
WTI Crude •10 mins	68.29	-0.41	-0.60%
Gasoline •18 mins	1.969	-0.013	-0.66%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	72.12	-0.44	-0.61%
Natural Gas • 10 mins	2.753	-0.032	-1.15%
Heating Oil • 12 mins	2.199	-0.014	-0.62%

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GBP/USD - Declining

By - Jun 05, 2015, 5:50 AM CDT

GBP/USD has tested the resistance at 1.5437 (27/05/2015 high) and is now bouncing on the hourly support at 1.5171 (01/06/2015). Stronger support is given by the declining channel at around 1.5089 (05/05/2015 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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