Commodity Prices

Gold •15 mins	1,305.90	+3.00	+0.23%
Platinum •15 mins	838.00	+6.20	+0.75%
Bitcoin •1 min	3,986.75	+4.93	+0.12%
WTI Crude •11 mins	58.66	+0.14	+0.24%
Gasoline •10 mins	1.848	+0.003	+0.16%
Silver •15 mins	15.39	+0.07	+0.43%

Silver • 15 mins	15.39	+0.07	+0.43%
Copper • 15 mins	2.927	+0.021	+0.72%
Ethereum • 1 min	138.00	-0.75	-0.54%
Brent Crude • 11 mins	67.34	+0.18	+0.27%
Natural Gas • 10 mins	2.828	+0.026	+0.93%

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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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