Commodity Prices

Gold •652 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,100.00	-12.20	-0.58%
WTI Crude •12 mins	93.24	-1.45	-1.53%
Gasoline •18 mins	3.141	-0.023	-0.72%
Ethanol •652 days	2.161	+0.000	+0.00%
Silver •652 days	30.82	+1.16	+3.92%

Silver • 652 days	30.82	+1.16	+3.92%
Copper • 652 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.03	-1.36	-1.37%
Natural Gas • 12 mins	2.664	+0.017	+0.64%
Heating Oil • 13 mins	3.801	-0.032	-0.84%

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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