Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	945.10	-11.50	-1.20%
WTI Crude •10 mins	64.45	-2.50	-3.73%
Gasoline •10 mins	2.102	-0.063	-2.90%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.71	-2.43	-3.46%
Natural Gas • 10 mins	4.082	-0.056	-1.35%
Heating Oil • 10 mins	2.124	-0.065	-2.96%

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GBP/USD - Buying Pressures are Increasing

By - Jun 15, 2015, 5:33 AM CDT

GBP/USD has broken the hourly resistance at 1.5554 (10/06/2015 high) and is now back below this level. Hourly support is given at 1.5369 (10/06/2015 low). Key resistance lies at 1.5815 (14/05/2015 high). The short-term technical structure suggests an upside momentum.

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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