Commodity Prices

Gold •646 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,065.20	-46.90	-2.22%
WTI Crude •4 hours	95.81	-2.06	-2.10%
Gasoline •4 hours	3.016	+0.015	+0.51%
Ethanol •646 days	2.161	+0.000	+0.00%
Silver •646 days	30.82	+1.16	+3.92%

Silver • 646 days	30.82	+1.16	+3.92%
Copper • 646 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	95.20	-0.72	-0.75%
Natural Gas • 4 hours	2.652	-0.018	-0.67%
Heating Oil • 4 hours	3.745	-0.192	-4.87%

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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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