Commodity Prices

Gold •627 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,849.40	-121.10	-6.15%
WTI Crude •11 mins	98.89	+0.66	+0.67%
Gasoline •32 mins	3.334	+0.047	+1.44%
Ethanol •627 days	2.161	+0.000	+0.00%
Silver •627 days	30.82	+1.16	+3.92%

Silver • 627 days	30.82	+1.16	+3.92%
Copper • 627 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	112.74	+0.55	+0.49%
Natural Gas • 12 mins	3.103	+0.008	+0.26%
Heating Oil • 19 mins	4.660	+0.052	+1.12%

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GBP/USD - Breaking Support at 1.5027

By - Nov 30, 2015, 5:19 AM CST

GBP/USD has broken, as expected, hourly support at 1.5027 (06/11/2015 low). Hourly resistance is given at 1.5336 (19/11/2015 high). Strong resistance can be found at 1.5529 (22/09/2015 high). Expected to show continued weakness.

The long-term technical pattern is negative and favours a further decline towards the key support at 1.5089 , as long as prices remain below the resistance at 1.5340/64 (04/11/2015 low see also the 200 day moving average). However, the general oversold conditions and the recent pick-up in buying interest pave the way for a rebound.

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