Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	940.90	+4.50	+0.48%
WTI Crude •10 mins	69.28	-0.18	-0.26%
Gasoline •10 mins	1.944	+0.002	+0.12%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.72	-0.22	-0.30%
Natural Gas • 10 mins	3.827	+0.079	+2.11%
Heating Oil • 10 mins	2.242	+0.010	+0.44%

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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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