Commodity Prices

Gold •15 mins	1,407.30	-3.90	-0.28%
Platinum •15 mins	845.90	-1.00	-0.12%
Bitcoin •1 min	9,508.38	-1,423.36	-13.02%
WTI Crude •11 mins	57.63	+0.01	+0.02%
Gasoline •12 mins	1.850	+0.005	+0.29%
Silver •15 mins	15.63	-0.05	-0.34%

Silver • 15 mins	15.63	-0.05	-0.34%
Copper • 15 mins	2.703	+0.002	+0.09%
Ethereum • 1 min	200.14	-32.28	-13.89%
Brent Crude • 10 mins	64.46	+0.11	+0.17%
Natural Gas • 10 mins	2.302	+0.016	+0.70%

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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).

Daily Technical Report