Commodity Prices

Gold •687 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,979.10	+14.30	+0.73%
WTI Crude •11 mins	97.60	+1.25	+1.30%
Gasoline •14 mins	3.445	+0.065	+1.93%
Ethanol •687 days	2.161	+0.000	+0.00%
Silver •687 days	30.82	+1.16	+3.92%

Silver • 687 days	30.82	+1.16	+3.92%
Copper • 687 days	4.530	+0.111	+2.51%
Brent Crude • 25 mins	102.58	-2.44	-2.32%
Natural Gas • 11 mins	2.992	-0.026	-0.86%
Heating Oil • 14 mins	3.892	+0.061	+1.58%

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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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