Commodity Prices

Gold •380 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,456.60	-15.50	-1.05%
WTI Crude •2 hours	67.34	-0.20	-0.30%
Gasoline •2 hours	2.153	-0.017	-0.78%
Ethanol •380 days	2.161	+0.000	+0.00%
Silver •380 days	30.82	+1.16	+3.92%

Silver • 380 days	30.82	+1.16	+3.92%
Copper • 380 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	69.28	-0.24	-0.35%
Natural Gas • 2 hours	3.565	+0.023	+0.65%
Heating Oil • 2 hours	2.453	-0.012	-0.47%

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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