Commodity Prices

Gold •348 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,240.20	+28.30	+2.34%
WTI Crude •10 mins	71.42	-1.56	-2.14%
Gasoline •10 mins	2.214	-0.013	-0.60%
Ethanol •348 days	2.161	+0.000	+0.00%
Silver •348 days	30.82	+1.16	+3.92%

Silver • 348 days	30.82	+1.16	+3.92%
Copper • 348 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.97	-1.26	-1.70%
Natural Gas • 10 mins	3.738	+0.157	+4.38%
Heating Oil • 10 mins	2.385	+0.027	+1.13%

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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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