Commodity Prices

Gold •20 mins	1,487.90	-0.20	-0.01%
Platinum •10 mins	895.40	+3.20	+0.36%
WTI Crude •11 mins	54.41	+0.90	+1.68%
Gasoline •11 mins	1.567	+0.003	+0.18%
Ethanol •15 mins	1.422	+0.003	+0.21%
Silver •20 mins	17.51	-0.10	-0.55%

Silver • 20 mins	17.51	-0.10	-0.55%
Copper • 10 mins	2.640	-0.007	-0.26%
Brent Crude • 11 mins	59.61	+0.65	+1.10%
Natural Gas • 10 mins	2.455	+0.014	+0.57%
Heating Oil • 10 mins	1.925	+0.002	+0.08%

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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).

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