Commodity Prices

Gold •401 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,339.60	-14.60	-1.08%
WTI Crude •10 hours	63.88	+0.00	+0.00%
Gasoline •10 hours	2.086	+0.009	+0.41%
Ethanol •401 days	2.161	+0.000	+0.00%
Silver •401 days	30.82	+1.16	+3.92%

Silver • 401 days	30.82	+1.16	+3.92%
Copper • 401 days	4.530	+0.111	+2.51%
Brent Crude • 9 hours	66.59	+0.16	+0.24%
Natural Gas • 10 hours	2.990	-0.077	-2.51%
Heating Oil • 10 hours	2.279	+0.013	+0.55%

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GBP/USD - Heading Towards 50% Fibonacci Retracement

By - Oct 28, 2015, 6:14 AM CDT

GBP/USD is declining. Support lies at the 50% Fibonacci retracement and stronger support can be found at 1.5202 (13/10/2015 low). Hourly resistance is given at 1.5529 (18/09/2015 high). A long as prices remain in the above range, there is no clear mid-term momentum.

In the longer term, the technical structure looks like a recovery as long as support given at 1.5089 stands. A full retracement of the 2013-2014 rise is expected.

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