Commodity Prices

Gold •15 mins	1,609.80	-2.00	-0.12%
Platinum •15 mins	1,003.10	-1.40	-0.14%
WTI Crude •11 mins	53.96	+0.47	+0.88%
Gasoline •12 mins	1.793	+0.011	+0.64%
Ethanol •2 hours	1.374	-0.007	-0.51%
Silver •15 mins	18.28	-0.03	-0.17%

Silver • 15 mins	18.28	-0.03	-0.17%
Copper • 15 mins	2.621	+0.015	+0.56%
Brent Crude • 10 mins	59.12	+0.40	+0.68%
Natural Gas • 10 mins	1.975	+0.004	+0.20%
Heating Oil • 11 mins	1.709	+0.007	+0.42%

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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