Commodity Prices

Gold •623 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,922.30	-134.30	-6.53%
WTI Crude •11 mins	96.95	+0.63	+0.65%
Gasoline •11 mins	3.224	+0.126	+4.06%
Ethanol •623 days	2.161	+0.000	+0.00%
Silver •623 days	30.82	+1.16	+3.92%

Silver • 623 days	30.82	+1.16	+3.92%
Copper • 623 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	115.06	+7.68	+7.15%
Natural Gas • 11 mins	3.213	+0.148	+4.83%
Heating Oil • 11 mins	4.476	+0.278	+6.62%

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GBP/JPY - Challenging The Key Support at 181.13

By - Jan 06, 2015, 5:32 AM CST

GBP/JPY has declined sharply and is now challenging the key support at 181.13 (see also the 38.2% retracement). Hourly resistances can be found at 182.71 (intraday high) and 184.96 (30/12/2014 low).

In the long-term, the trend is positive as long as the key support at 178.74 (23/09/2014 high) holds. However, the failure to break the psychological threshold at 190.00 is calling for a medium-term consolidation. Another strong resistance stands at 197.45 (24/09/2008 high).

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