Commodity Prices

Gold •665 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,886.30	-72.50	-3.70%
WTI Crude •10 mins	107.73	+7.80	+7.81%
Gasoline •25 mins	3.768	+0.208	+5.84%
Ethanol •665 days	2.161	+0.000	+0.00%
Silver •665 days	30.82	+1.16	+3.92%

Silver • 665 days	30.82	+1.16	+3.92%
Copper • 665 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	119.65	+8.39	+7.54%
Natural Gas • 12 mins	2.645	-0.046	-1.71%
Heating Oil • 15 mins	4.215	+0.244	+6.14%

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GBP/JPY - Consolidating Below The Resistance at 184.19

By - Feb 23, 2015, 3:04 PM CST

GBP/JPY has broken the key resistance area between 180.28 and 180.94, validating a bullish reversal pattern with an upside potential at 184.70. However, monitor the consolidation between the support at 181.54 and the resistance at 184.19. Another support stands at 180.17 (09/02/2015 low).

In the long-term, the lack of any medium-term bearish reversal pattern favours a bullish bias. A support is given by the 200-day moving average (around 176.30), while a strong support area lies between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low). A strong resistances stands at 190.00 (psychological threshold).

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