Commodity Prices

Gold •483 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,589.70	-11.10	-0.69%
WTI Crude •11 mins	59.94	-0.54	-0.89%
Gasoline •11 mins	1.962	-0.012	-0.59%
Ethanol •483 days	2.161	+0.000	+0.00%
Silver •483 days	30.82	+1.16	+3.92%

Silver • 483 days	30.82	+1.16	+3.92%
Copper • 483 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.34	-0.58	-0.89%
Natural Gas • 11 mins	3.828	+0.013	+0.34%
Heating Oil • 12 mins	2.395	-0.029	-1.21%

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EUR/GBP - Continued Short-Term Bullish Momentum

By - Sep 21, 2016, 8:23 AM CDT

EUR/GBP continues its increase after breaking the symmetrical triangle. Hourly resistance given at 0.8545 (14/09/2016 high) has been broken. Key resistance lies at 0.8725 (16/08/2016 high) while hourly support can be found at 0.8535 (19/09/2016 low). The pair is still holding around 0.8500. Expected to bounce back lower.

In the long-term, the pair is currently recovering from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading far above from its 200 DMA. Strong resistance can be found at 0.8815 (25/02/2013 high).

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