Commodity Prices

Gold •362 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,354.10	+11.10	+0.83%
WTI Crude •10 mins	64.77	-0.34	-0.52%
Gasoline •8 hours	2.080	-0.010	-0.48%
Ethanol •362 days	2.161	+0.000	+0.00%
Silver •362 days	30.82	+1.16	+3.92%

Silver • 362 days	30.82	+1.16	+3.92%
Copper • 362 days	4.530	+0.111	+2.51%
Brent Crude • 8 hours	67.61	-0.16	-0.24%
Natural Gas • 10 mins	3.447	-0.009	-0.26%
Heating Oil • 8 hours	2.346	+0.039	+1.67%

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GBP/USD - Monitor The Support Area Around 1.4839

By - Mar 25, 2015, 5:50 AM CDT

GBP/USD has thus far successfully tested the hourly support area around 1.4839 (see also the rising trendline). A decisive break of this zone of support is needed to suggest the end of the current bounce. Another hourly support lies at 1.4689 (19/03/2015 low). A resistance can be found at 1.4990, while a key resistance area stands between 1.5137 and 1.5166.

In the longer-term, the break of the strong support at 1.4814 opens the way for further medium-term weakness towards the strong support at 1.4231 (20/05/2010 low). Another strong support stands at 1.3503 (23/01/2009 low). A key resistance can be found at 1.5552 (26/02/2015 high).

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