"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,887.30 | -15.90 | -0.84% |
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Platinum •15 mins | 874.10 | -23.60 | -2.63% |
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WTI Crude •11 mins | 38.91 | -0.38 | -0.97% |
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Gasoline •53 mins | 1.183 | -0.019 | -1.56% |
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Ethanol •10 hours | 1.367 | +0.037 | +2.78% |
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Silver •15 mins | 23.77 | -0.68 | -2.78% |
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Silver • 15 mins | 23.77 | -0.68 | -2.78% | |
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Copper • 15 mins | 2.986 | -0.004 | -0.13% | |
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Brent Crude • 11 mins | 40.52 | -0.51 | -1.24% | |
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Natural Gas • 11 mins | 2.509 | -0.052 | -2.03% | |
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Heating Oil • 1 hour | 1.104 | -0.005 | -0.43% |
An economic slowdown in many…
More freeports open around the…
The Economic Community of West…
GBP/USD has shifted into a consolidation pattern after slight bullish recovery. 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 1.5803 (01/07/2015 high). The short-term structure shows an upside momentum.
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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