Commodity Prices

Gold •608 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,099.30	-215.60	-9.31%
WTI Crude •11 mins	74.48	+3.25	+4.56%
Gasoline •11 mins	2.450	+0.079	+3.33%
Ethanol •608 days	2.161	+0.000	+0.00%
Silver •608 days	30.82	+1.16	+3.92%

Silver • 608 days	30.82	+1.16	+3.92%
Copper • 608 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	81.39	+3.65	+4.70%
Natural Gas • 11 mins	3.094	+0.134	+4.53%
Heating Oil • 11 mins	3.183	+0.283	+9.75%

Headlines

992 days Will The ECB Continue To Hike Rates?
992 days Forbes: Aramco Remains Largest Company In The Middle East
994 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,394 days Could Crypto Overtake Traditional Investment?
1,399 days Americans Still Quitting Jobs At Record Pace
1,401 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,404 days Is The Dollar Too Strong?
1,404 days Big Tech Disappoints Investors on Earnings Calls
1,405 days Fear And Celebration On Twitter as Musk Takes The Reins
1,407 days China Is Quietly Trying To Distance Itself From Russia
1,407 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,411 days Crypto Investors Won Big In 2021
1,411 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,412 days Food Prices Are Skyrocketing As Putin’s War Persists
1,414 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,415 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,418 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,419 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,419 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,421 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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