Commodity Prices

Gold •627 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,917.30	-53.20	-2.70%
WTI Crude •11 mins	98.28	+0.05	+0.05%
Gasoline •22 mins	3.324	+0.037	+1.14%
Ethanol •627 days	2.161	+0.000	+0.00%
Silver •627 days	30.82	+1.16	+3.92%

Silver • 627 days	30.82	+1.16	+3.92%
Copper • 627 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	112.25	+0.06	+0.05%
Natural Gas • 11 mins	3.032	-0.063	-2.04%
Heating Oil • 13 mins	4.616	+0.008	+0.17%

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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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