Commodity Prices

Gold •169 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	923.50	-11.10	-1.19%
WTI Crude •4 hours	69.91	-0.67	-0.95%
Gasoline •56 mins	1.923	-0.020	-1.03%
Ethanol •169 days	2.161	+0.000	+0.00%
Silver •169 days	30.82	+1.16	+3.92%

Silver • 169 days	30.82	+1.16	+3.92%
Copper • 169 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	72.67	-0.72	-0.98%
Natural Gas • 56 mins	3.584	+0.210	+6.22%
Heating Oil • 56 mins	2.238	-0.017	-0.77%

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EUR/GBP - Bearish Breakout

By - Jan 22, 2016, 4:37 AM CST

EUR/GBP has ended the short-term bullish momentum. Hourly resistance lies at 0.7755 (20/01/2015 high) and hourly support is given at 0.7350 (25/12/2015 low). Expected to show further consolidation.

In the long-term, prices tend to reverse from the underlying declining trend. The general oversold conditions suggest a growing upside momentum. A key resistance at 0.7592 (03/02/2015) has been broken.

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