Commodity Prices

Gold •517 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,659.80	+9.60	+0.58%
WTI Crude •11 mins	58.65	+0.01	+0.02%
Gasoline •12 mins	1.830	-0.001	-0.04%
Ethanol •517 days	2.161	+0.000	+0.00%
Silver •517 days	30.82	+1.16	+3.92%

Silver • 517 days	30.82	+1.16	+3.92%
Copper • 517 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.45	-0.72	-1.14%
Natural Gas • 11 mins	4.881	+0.041	+0.85%
Heating Oil • 12 mins	2.291	-0.022	-0.96%

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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