Commodity Prices

Gold •15 mins	1,783.10	-22.40	-1.24%
Platinum •15 mins	970.80	+1.00	+0.10%
WTI Crude •6 hours	45.53	-0.18	-0.39%
Gasoline •6 hours	1.282	-0.006	-0.43%
Ethanol •6 hours	1.400	+0.030	+2.19%
Silver •15 mins	22.68	-0.68	-2.92%

Silver • 15 mins	22.68	-0.68	-2.92%
Copper • 15 mins	3.422	+0.092	+2.75%
Brent Crude • 3 hours	48.18	+0.38	+0.79%
Natural Gas • 6 hours	2.843	-0.118	-3.99%
Heating Oil • 6 hours	1.381	-0.006	-0.44%

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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