Commodity Prices

Gold •368 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,399.10	-8.00	-0.57%
WTI Crude •10 mins	65.86	-0.64	-0.96%
Gasoline •10 mins	2.101	-0.016	-0.77%
Ethanol •368 days	2.161	+0.000	+0.00%
Silver •368 days	30.82	+1.16	+3.92%

Silver • 368 days	30.82	+1.16	+3.92%
Copper • 368 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.68	-0.62	-0.91%
Natural Gas • 10 mins	3.308	-0.079	-2.33%
Heating Oil • 10 mins	2.391	-0.018	-0.76%

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EUR/GBP - Setting Lower Highs

By - Jul 29, 2015, 5:52 AM CDT

EUR/GBP has bounced back from its 8 year low. Support is given at 0.6536 (23/01/2007 low) and hourly resistance can be found at 0.7251 (16/06/2015 high). The short-term structure still shows a downside momentum as the pair is setting lower highs.

In the long-term, prices are in an underlying declining trend. The general oversold conditions suggest a limited medium-term downside potential. A key resistance lies at 0.7592 (03/02/2015 high).

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