Commodity Prices

Gold •617 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,067.60	-97.90	-4.52%
WTI Crude •11 mins	93.88	-1.85	-1.93%
Gasoline •11 mins	2.936	-0.029	-0.97%
Ethanol •617 days	2.161	+0.000	+0.00%
Silver •617 days	30.82	+1.16	+3.92%

Silver • 617 days	30.82	+1.16	+3.92%
Copper • 617 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	99.45	-1.01	-1.01%
Natural Gas • 11 mins	3.269	+0.036	+1.11%
Heating Oil • 11 mins	3.841	-0.058	-1.49%

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GBP/USD - Challenging its Recent Highs

By - May 08, 2015, 5:25 AM CDT

GBP/USD is in full breakout mode confirming persistent buying pressure. Strong resistances can be found at 1.5552 (26/02/2015). Hourly support lies can be located at 1.5420 (intraday low).

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). Key resistance stands at 1.5552 (26/02/2015 high).

Daily Technical Report