Commodity Prices

Gold •707 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,669.20	-21.70	-1.28%
WTI Crude •11 mins	91.05	+1.02	+1.13%
Gasoline •11 mins	3.123	+0.013	+0.41%
Ethanol •707 days	2.161	+0.000	+0.00%
Silver •707 days	30.82	+1.16	+3.92%

Silver • 707 days	30.82	+1.16	+3.92%
Copper • 707 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	93.98	+0.88	+0.95%
Natural Gas • 11 mins	3.184	-0.001	-0.03%
Heating Oil • 11 mins	3.639	+0.027	+0.74%

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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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