Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	989.70	-5.50	-0.55%
WTI Crude •10 mins	70.02	-1.69	-2.36%
Gasoline •15 mins	2.254	-0.077	-3.30%
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	73.28	-1.67	-2.23%
Natural Gas • 10 mins	4.000	-0.055	-1.36%
Heating Oil • 16 mins	2.254	-0.068	-2.95%

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GBP/JPY: Bearish Breakout at 142.77

By - Feb 21, 2013, 5:37 AM CST

GBP/JPY broke its support at 142.77 (see also the rising channel) yesterday, suggesting a deeper correction. The support at 141.90 is challenged. A key support is at 139.27 (23/01/2013 low). An hourly resistance can be found at 143.58.

GBP/JPY has broken its strong resistance at 140.03 (08/04/2011 high). Further long-term strength towards the key resistance at 163.09 (07/08/2009) is likely. A key support is at 139.27 (23/01/2013 low).

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