Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	955.50	-39.70	-3.99%
WTI Crude •10 mins	66.68	-5.03	-7.01%
Gasoline •10 mins	2.159	-0.173	-7.40%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.01	-4.94	-6.59%
Natural Gas • 10 mins	4.137	+0.082	+2.02%
Heating Oil • 10 mins	2.181	-0.141	-6.09%

Headlines

658 days Will The ECB Continue To Hike Rates?
658 days Forbes: Aramco Remains Largest Company In The Middle East
660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,060 days Could Crypto Overtake Traditional Investment?
1,065 days Americans Still Quitting Jobs At Record Pace
1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,070 days Is The Dollar Too Strong?
1,070 days Big Tech Disappoints Investors on Earnings Calls
1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
1,073 days China Is Quietly Trying To Distance Itself From Russia
1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,077 days Crypto Investors Won Big In 2021
1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,087 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

GBP/USD Support Breached

By - Mar 13, 2012, 6:26 AM CDT

GBP/USD extended the pullback from 1.5834 to breach the 1.5645 support level but early signs of basing are noted.

While 1.5834 caps we cannot rule out another downside probe, with settlement below 1.5645 to risk a return towards 1.5500 in a deeper correction of the 1.5235 advance.

In the meantime, re-capture of 1.5834 would suggest that an important reaction low has formed, signalling a revival of the 1.5235 move through 1.5993 for the 1.6167 reaction high initially.

Daily Technical Report