Commodity Prices

Gold •622 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,105.40	-31.10	-1.46%
WTI Crude •11 mins	93.01	-3.20	-3.33%
Gasoline •20 mins	3.092	-0.031	-1.01%
Ethanol •622 days	2.161	+0.000	+0.00%
Silver •622 days	30.82	+1.16	+3.92%

Silver • 622 days	30.82	+1.16	+3.92%
Copper • 622 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	101.00	-2.42	-2.34%
Natural Gas • 11 mins	2.941	-0.092	-3.03%
Heating Oil • 13 mins	3.949	-0.067	-1.67%

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GBP/USD - Challenging Key Support

By - Sep 23, 2015, 5:27 AM CDT

GBP/USD has broken the support at 1.5385 (uptrend channel), opening the way for a new test of the support implied by key hourly support given at 1.5330 (15/09/2015 low). Hourly resistance can be found at 1.5659 (27/08/2015 high). Stronger support is given at 1.5165(04/09/2015 low).

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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