Commodity Prices

Gold •667 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,011.90	+17.30	+0.87%
WTI Crude •7 hours	101.94	-3.13	-2.98%
Gasoline •7 hours	3.595	-0.020	-0.55%
Ethanol •667 days	2.161	+0.000	+0.00%
Silver •667 days	30.82	+1.16	+3.92%

Silver • 667 days	30.82	+1.16	+3.92%
Copper • 667 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	108.17	-2.23	-2.02%
Natural Gas • 7 hours	2.780	+0.013	+0.47%
Heating Oil • 7 hours	3.946	-0.135	-3.30%

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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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