Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,010.10	+66.40	+3.42%
WTI Crude •11 mins	93.87	-1.68	-1.76%
Gasoline •13 mins	3.113	-0.014	-0.46%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.29	-1.36	-1.25%
Natural Gas • 11 mins	3.129	-0.037	-1.17%
Heating Oil • 16 mins	4.296	-0.047	-1.07%

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GBP/JPY - Moving Above its 200-Day Moving Average

By - Apr 22, 2015, 5:57 AM CDT

GBP/JPY has bounced near the key support at 175.51. Prices are now moving above the 200- day moving average and challenging the resistance at 179.30. A key resistance stands at 181.07. An hourly support lies at 177.20 (20/04/2015 low).

In the long-term, the lower high made on February 2015 suggests a weakening uptrend. Monitor the test of the strong support at 175.51 (03/02/2015 low). A major support area can be found between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low). A resistance lies at 185.03 (26/02/2015 high).

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