Commodity Prices

Gold •142 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.80	-0.70	-0.07%
WTI Crude •10 mins	71.22	+1.12	+1.60%
Gasoline •11 mins	2.058	-0.001	-0.06%
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 • 10 mins	75.12	+0.89	+1.20%
Natural Gas • 10 mins	3.128	-0.211	-6.32%
Heating Oil • 15 mins	2.275	+0.000	+0.02%

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GBP/USD - Breaking Support at 1.5330

By - Sep 02, 2015, 6:01 AM CDT

GBP/USD has broken hourly support at 1.5330 (08/07/2015 low). Hourly resistance is given at 1.5930 (18/06/2015 high). We now target 505 Fibonacci retracement at 1.5248.

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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