Commodity Prices

Gold •10 mins	1,979.10	-2.40	-0.12%
Platinum •10 mins	1,041.60	+2.90	+0.28%
WTI Crude •10 mins	71.61	-0.13	-0.18%
Gasoline •11 mins	2.546	-0.018	-0.70%
Ethanol •5 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.62	-0.06	-0.23%

Silver • 10 mins	23.62	-0.06	-0.23%
Copper • 10 mins	3.769	+0.001	+0.01%
Brent Crude • 10 mins	76.11	-0.18	-0.24%
Natural Gas • 10 mins	2.259	-0.003	-0.13%
Heating Oil • 10 mins	2.360	-0.008	-0.33%

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GBP/USD- Bullish Pause but Momentum Strong

By - Nov 02, 2015, 6:09 AM CST

GBP/USD bullish rally has paused but watch Initial resistance can be found at 1.5529 (18/09/2015 high). The short-term technical structure suggests continued bullish momentum. An initial support lies at 1.5202 (06/06/2014 high).

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.

Daily Technical Report