Commodity Prices

Gold •442 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,392.90	-7.30	-0.52%
WTI Crude •11 mins	63.38	-0.19	-0.30%
Gasoline •13 mins	2.008	-0.003	-0.17%
Ethanol •442 days	2.161	+0.000	+0.00%
Silver •442 days	30.82	+1.16	+3.92%

Silver • 442 days	30.82	+1.16	+3.92%
Copper • 442 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.34	-0.10	-0.15%
Natural Gas • 11 mins	2.931	-0.008	-0.27%
Heating Oil • 11 mins	2.335	-0.005	-0.20%

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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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