Commodity Prices

Gold •675 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,059.30	-3.00	-0.15%
WTI Crude •1 day	95.42	+0.61	+0.64%
Gasoline •1 day	3.527	+0.071	+2.05%
Ethanol •675 days	2.161	+0.000	+0.00%
Silver •675 days	30.82	+1.16	+3.92%

Silver • 675 days	30.82	+1.16	+3.92%
Copper • 675 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	101.29	+1.23	+1.23%
Natural Gas • 1 day	2.757	-0.012	-0.43%
Heating Oil • 1 day	3.899	+0.083	+2.16%

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GBP/JPY - Consolidating

By - Jun 23, 2015, 5:52 AM CDT

GBP/JPY is consolidating below 195.84 (year high). Hourly support is given at 188.98 (10/06/2015 low). Key resistance is given at 197.45 (26/09/2008 high). There is no downside pressure at the moment. We expect the pair to approach the key resistance at 197.45 (26/09/2008 high).

In the long-term, the lack of any medium-term bearish reversal pattern favours a bullish bias. The successful test of the strong support at 175.51 (03/02/2015 low) signals persistent buying interest. Key resistances stand at 197.45 (26/09/2008 high). A major support area can be found between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low).

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