Commodity Prices

Gold •142 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	975.10	+4.60	+0.47%
WTI Crude •5 hours	71.24	+1.14	+1.63%
Gasoline •5 hours	2.061	+0.002	+0.10%
Ethanol •142 days	2.161	+0.000	+0.00%
Silver •142 days	30.82	+1.16	+3.92%

Silver • 142 days	30.82	+1.16	+3.92%
Copper • 142 days	4.530	+0.111	+2.51%
Brent Crude • 4 hours	75.17	+0.94	+1.27%
Natural Gas • 5 hours	3.129	-0.210	-6.29%
Heating Oil • 5 hours	2.275	+0.001	+0.02%

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GBP/USD - Monitor Broken at 1.5451

By - Aug 10, 2015, 5:35 AM CDT

GBP/USD has failed to hold below 1.5451 (14/07/2015 low). However, drift lower indicates persistent selling pressure. Stronger support is given at the 38.2% Fibonacci retracement at 1.5409. Hourly resistance is given at 1.5733 (01/07/2015 high). We remain bearish on the pair.

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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