Commodity Prices

Gold •15 mins	1,842.10	-5.10	-0.28%
Platinum •15 mins	888.50	+1.70	+0.19%
WTI Crude •10 mins	88.34	-0.48	-0.54%
Gasoline •10 mins	2.386	-0.026	-1.07%
Ethanol •13 hours	2.161	+0.000	+0.00%
Silver •15 mins	21.30	-0.12	-0.56%

Silver • 15 mins	21.30	-0.12	-0.56%
Copper • 15 mins	3.634	-0.008	-0.21%
Brent Crude • 10 mins	90.15	-0.56	-0.62%
Natural Gas • 10 mins	2.828	-0.012	-0.42%
Heating Oil • 10 mins	3.169	-0.054	-1.68%

Headlines

110 days Will The ECB Continue To Hike Rates?
110 days Forbes: Aramco Remains Largest Company In The Middle East
112 days Caltech Scientists Succesfully Beam Back Solar Power From Space
512 days Could Crypto Overtake Traditional Investment?
517 days Americans Still Quitting Jobs At Record Pace
519 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
522 days Is The Dollar Too Strong?
522 days Big Tech Disappoints Investors on Earnings Calls
523 days Fear And Celebration On Twitter as Musk Takes The Reins
524 days China Is Quietly Trying To Distance Itself From Russia
525 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
529 days Crypto Investors Won Big In 2021
529 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
530 days Food Prices Are Skyrocketing As Putin’s War Persists
532 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
533 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
536 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
537 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
537 days Two ETFs That Could Hedge Against Extreme Market Volatility
539 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

GBP/USD - Challenging Key Support

By - Sep 23, 2015, 5:27 AM CDT

GBP/USD has broken the support at 1.5385 (uptrend channel), opening the way for a new test of the support implied by key hourly support given at 1.5330 (15/09/2015 low). Hourly resistance can be found at 1.5659 (27/08/2015 high). Stronger support is given at 1.5165(04/09/2015 low).

In the longer term, the technical structure looks like a recovery bottom whose maximum upside potential is given by the strong resistance at 1.6189 (Fibo 61% entrancement).

Daily Technical Report