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Gold •15 mins	1,648.30	-1.70	-0.10%
Platinum •15 mins	926.30	-6.00	-0.64%
WTI Crude •10 mins	49.08	-0.82	-1.64%
Gasoline •10 mins	1.595	-0.047	-2.86%
Ethanol •14 hours	1.316	-0.016	-1.20%
Silver •15 mins	18.03	-0.16	-0.89%

Silver • 15 mins	18.03	-0.16	-0.89%
Copper • 15 mins	2.554	-0.028	-1.08%
Brent Crude • 11 mins	53.24	-1.02	-1.88%
Natural Gas • 10 mins	1.865	+0.014	+0.76%
Heating Oil • 10 mins	1.520	-0.046	-2.94%

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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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