Commodity Prices

Gold •484 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,613.50	-0.80	-0.05%
WTI Crude •11 mins	60.27	-0.30	-0.50%
Gasoline •15 mins	1.983	-0.020	-1.00%
Ethanol •484 days	2.161	+0.000	+0.00%
Silver •484 days	30.82	+1.16	+3.92%

Silver • 484 days	30.82	+1.16	+3.92%
Copper • 484 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	65.00	+0.08	+0.12%
Natural Gas • 11 mins	4.073	+0.117	+2.96%
Heating Oil • 1 hour	2.460	+0.036	+1.47%

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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