Commodity Prices

Gold •10 mins	1,787.30	-2.70	-0.15%
Platinum •10 mins	825.80	-5.80	-0.70%
WTI Crude •18 hours	40.32	-0.33	-0.81%
Gasoline •18 hours	1.244	-0.015	-1.21%
Ethanol •1 day	1.310	+0.101	+8.35%
Silver •10 mins	18.31	-0.01	-0.07%

Silver • 10 mins	18.31	-0.01	-0.07%
Copper • 10 mins	2.721	-0.028	-1.00%
Brent Crude • 19 hours	42.80	-0.34	-0.79%
Natural Gas • 18 hours	1.750	+0.016	+0.92%
Heating Oil • 18 hours	1.226	-0.005	-0.41%

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EUR/GBP - Ready To Bounce Back Lower

By - Feb 27, 2017, 6:00 AM CST

EUR/GBP has surged but the technical structure suggests that it should be temporary. As resistance at 0.8645 holds, we do not rule out further weakness towards supports given at 0.8450 (03/01/2016 low) and at 0.8304 (05/12/2016)

In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.

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