Commodity Prices

Gold •410 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,345.20	-16.30	-1.20%
WTI Crude •1 day	62.80	-1.16	-1.81%
Gasoline •1 day	2.073	-0.037	-1.74%
Ethanol •410 days	2.161	+0.000	+0.00%
Silver •410 days	30.82	+1.16	+3.92%

Silver • 410 days	30.82	+1.16	+3.92%
Copper • 410 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.85	-0.99	-1.48%
Natural Gas • 1 day	2.916	+0.075	+2.64%
Heating Oil • 1 day	2.225	-0.010	-0.43%

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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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