Commodity Prices

Gold •529 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,786.70	+24.20	+1.37%
WTI Crude •11 mins	57.66	+0.22	+0.38%
Gasoline •16 mins	1.759	+0.007	+0.39%
Ethanol •529 days	2.161	+0.000	+0.00%
Silver •529 days	30.82	+1.16	+3.92%

Silver • 529 days	30.82	+1.16	+3.92%
Copper • 529 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	61.36	+0.24	+0.39%
Natural Gas • 11 mins	4.207	+0.094	+2.29%
Heating Oil • 11 mins	2.211	+0.013	+0.59%

Headlines

913 days Will The ECB Continue To Hike Rates?
914 days Forbes: Aramco Remains Largest Company In The Middle East
915 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,315 days Could Crypto Overtake Traditional Investment?
1,320 days Americans Still Quitting Jobs At Record Pace
1,322 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,325 days Is The Dollar Too Strong?
1,325 days Big Tech Disappoints Investors on Earnings Calls
1,326 days Fear And Celebration On Twitter as Musk Takes The Reins
1,328 days China Is Quietly Trying To Distance Itself From Russia
1,328 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,332 days Crypto Investors Won Big In 2021
1,332 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,333 days Food Prices Are Skyrocketing As Putin’s War Persists
1,335 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,336 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,339 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,340 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,340 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,342 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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