Commodity Prices

Gold •10 mins	1,940.50	-4.80	-0.25%
Platinum •10 mins	1,017.00	-4.10	-0.40%
WTI Crude •11 mins	79.08	+0.21	+0.27%
Gasoline •7 hours	2.544	+0.045	+1.78%
Ethanol •4 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.73	-0.11	-0.47%

Silver • 10 mins	23.73	-0.11	-0.47%
Copper • 10 mins	4.205	-0.022	-0.51%
Brent Crude • 7 hours	84.49	-0.41	-0.48%
Natural Gas • 12 mins	2.749	+0.065	+2.42%
Heating Oil • 7 hours	3.182	+0.072	+2.30%

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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