Commodity Prices

Gold •756 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,638.10	+35.80	+2.23%
WTI Crude •11 mins	83.84	-0.62	-0.73%
Gasoline •11 mins	3.304	-0.094	-2.78%
Ethanol •756 days	2.161	+0.000	+0.00%
Silver •756 days	30.82	+1.16	+3.92%

Silver • 756 days	30.82	+1.16	+3.92%
Copper • 756 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	89.63	-1.11	-1.22%
Natural Gas • 11 mins	2.700	-0.022	-0.81%
Heating Oil • 11 mins	4.214	-0.157	-3.58%

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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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