Commodity Prices

Gold •796 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,841.50	+15.50	+0.85%
WTI Crude •10 mins	92.29	+0.81	+0.89%
Gasoline •11 mins	3.254	+0.040	+1.23%
Ethanol •796 days	2.161	+0.000	+0.00%
Silver •796 days	30.82	+1.16	+3.92%

Silver • 796 days	30.82	+1.16	+3.92%
Copper • 796 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	97.40	+0.40	+0.41%
Natural Gas • 11 mins	2.868	-0.107	-3.60%
Heating Oil • 10 mins	4.573	+0.033	+0.73%

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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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