Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	976.40	-3.20	-0.33%
WTI Crude •10 mins	62.36	+0.09	+0.14%
Gasoline •1 hour	2.082	-0.002	-0.08%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.19	+0.07	+0.11%
Natural Gas • 10 mins	2.989	-0.033	-1.09%
Heating Oil • 2 hours	2.126	-0.001	-0.05%

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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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