Commodity Prices

Gold •10 mins	1,866.90	-12.70	-0.68%
Platinum •10 mins	1,163.10	+12.00	+1.04%
WTI Crude •11 mins	71.52	+0.61	+0.86%
Gasoline •10 mins	2.190	+0.004	+0.17%
Ethanol •2 days	2.460	+0.000	+0.00%
Silver •10 mins	28.06	-0.09	-0.31%

Silver • 10 mins	28.06	-0.09	-0.31%
Copper • 10 mins	4.518	-0.020	-0.43%
Brent Crude • 11 mins	73.36	+0.67	+0.92%
Natural Gas • 10 mins	3.298	+0.002	+0.06%
Heating Oil • 10 mins	2.130	+0.010	+0.45%

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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