Commodity Prices

Gold •10 mins	1,608.90	+5.30	+0.33%
Platinum •10 mins	1,005.90	+12.00	+1.21%
WTI Crude •11 mins	52.70	+0.41	+0.78%
Gasoline •11 mins	1.747	+0.004	+0.25%
Ethanol •8 hours	1.381	+0.003	+0.22%
Silver •10 mins	18.29	+0.14	+0.74%

Silver • 10 mins	18.29	+0.14	+0.74%
Copper • 10 mins	2.617	+0.013	+0.50%
Brent Crude • 11 mins	57.87	+0.36	+0.63%
Natural Gas • 10 mins	1.952	-0.019	-0.96%
Heating Oil • 10 mins	1.676	+0.007	+0.41%

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EURGBP - Consolidating After Sharp Decline

By - Apr 10, 2017, 6:06 AM CDT

EUR/GBP is consolidating following sharp fall. Hourly resistance is given at 0.8591 (05/04/2017 high). Strong resistance is given at 0.8787 (13/03/2017 high). Hourly support can be found at 0.8484 (31/03/2017 low). Expected to show continued weakness.

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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