Commodity Prices

Gold •436 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,411.70	+11.90	+0.85%
WTI Crude •6 hours	62.69	+0.32	+0.51%
Gasoline •6 hours	1.985	+0.006	+0.31%
Ethanol •436 days	2.161	+0.000	+0.00%
Silver •436 days	30.82	+1.16	+3.92%

Silver • 436 days	30.82	+1.16	+3.92%
Copper • 436 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	66.99	+0.62	+0.93%
Natural Gas • 6 hours	2.941	+0.007	+0.24%
Heating Oil • 6 hours	2.290	+0.008	+0.35%

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GBP/JPY - Forming a Potential Double-Top?

By - Nov 13, 2014, 6:07 AM CST

GBP/JPY has failed to break the resistance at 184.33. Monitor the support at 181.13, as a break would validate a double-top formation. Another support stands at 179.66 (see also the rising trendline).

In the long-term, the trend is positive as long as the strong support area between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low) holds. The break of the strong resistance at 180.72 (19/09/2014 high) opens the way for further strength. A key resistance stands at 197.45 (24/09/2008 high).

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