Commodity Prices

Gold •318 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	990.20	-5.20	-0.52%
WTI Crude •1 day	62.49	+0.87	+1.41%
Gasoline •1 day	2.142	+0.007	+0.35%
Ethanol •319 days	2.161	+0.000	+0.00%
Silver •318 days	30.82	+1.16	+3.92%

Silver • 318 days	30.82	+1.16	+3.92%
Copper • 318 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.41	+0.88	+1.36%
Natural Gas • 1 day	3.334	-0.028	-0.83%
Heating Oil • 1 day	2.141	-0.025	-1.17%

Headlines

703 days Will The ECB Continue To Hike Rates?
703 days Forbes: Aramco Remains Largest Company In The Middle East
705 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,105 days Could Crypto Overtake Traditional Investment?
1,110 days Americans Still Quitting Jobs At Record Pace
1,112 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,115 days Is The Dollar Too Strong?
1,115 days Big Tech Disappoints Investors on Earnings Calls
1,116 days Fear And Celebration On Twitter as Musk Takes The Reins
1,118 days China Is Quietly Trying To Distance Itself From Russia
1,118 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,122 days Crypto Investors Won Big In 2021
1,122 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,123 days Food Prices Are Skyrocketing As Putin’s War Persists
1,125 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,126 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,129 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,130 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,130 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,132 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

This aging bull market may…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

GBP/USD - Bullish Breakout of The Resistance at 1.5486

By - Feb 25, 2015, 3:12 PM CST

GBP/USD has broken the resistance at 1.5486, confirming a short-term positive technical structure. Hourly supports can now be found at 1.5402 (24/02/2015 low) and 1.5317. A key resistance stands at 1.5620.

In the longer term, the break of the key resistance at 1.5274 (06/01/2015 high) suggests renewed buying interest. Upside potentials are likely given by the resistances at 1.5620 (31/12/2014 high) and 1.5826 (27/11/2014 high). A strong support stands at 1.4814.

Daily Technical Report