Commodity Prices

Gold •411 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,340.50	-4.70	-0.35%
WTI Crude •10 mins	63.41	+0.61	+0.97%
Gasoline •10 mins	2.093	+0.021	+0.99%
Ethanol •411 days	2.161	+0.000	+0.00%
Silver •411 days	30.82	+1.16	+3.92%

Silver • 411 days	30.82	+1.16	+3.92%
Copper • 411 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.49	+0.64	+0.97%
Natural Gas • 10 mins	2.907	-0.009	-0.31%
Heating Oil • 10 mins	2.237	+0.012	+0.53%

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GBP/USD - Breaking Support at 1.5488

By - Jul 08, 2015, 5:06 AM CDT

GBP/USD has broken support at 1.5488 (15/06/2015 low). Hourly resistance can be found at 1.5930 (18/06/2015 high). We expect the pair to decrease again within the next few days.

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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