Commodity Prices

Gold •10 mins	1,515.10	+8.90	+0.59%
Platinum •10 mins	942.60	+0.20	+0.02%
WTI Crude •20 hours	58.09	-0.10	-0.17%
Gasoline •20 hours	1.647	-0.016	-0.97%
Ethanol •20 hours	1.362	-0.012	-0.87%
Silver •10 mins	17.85	-0.04	-0.20%

Silver • 10 mins	17.85	-0.04	-0.20%
Copper • 10 mins	2.607	-0.002	-0.08%
Brent Crude • 19 hours	63.20	-0.13	-0.21%
Natural Gas • 20 hours	2.555	-0.014	-0.54%
Heating Oil • 20 hours	1.982	-0.017	-0.87%

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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