Commodity Prices

Gold •297 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	972.90	-7.40	-0.75%
WTI Crude •1 day	63.02	+0.23	+0.37%
Gasoline •1 day	2.119	+0.013	+0.63%
Ethanol •297 days	2.161	+0.000	+0.00%
Silver •297 days	30.82	+1.16	+3.92%

Silver • 297 days	30.82	+1.16	+3.92%
Copper • 297 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	66.87	+0.32	+0.48%
Natural Gas • 1 day	2.937	+0.007	+0.24%
Heating Oil • 1 day	2.167	+0.024	+1.10%

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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).

Daily Technical Report