Commodity Prices

Gold •137 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	947.00	+1.90	+0.20%
WTI Crude •10 mins	66.70	-0.32	-0.48%
Gasoline •10 mins	1.943	-0.006	-0.33%
Ethanol •137 days	2.161	+0.000	+0.00%
Silver •137 days	30.82	+1.16	+3.92%

Silver • 137 days	30.82	+1.16	+3.92%
Copper • 137 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.80	-0.24	-0.34%
Natural Gas • 10 mins	2.960	+0.137	+4.85%
Heating Oil • 10 mins	2.168	-0.003	-0.15%

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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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