Commodity Prices

Gold •710 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,712.20	+46.50	+2.79%
WTI Crude •1 day	84.88	-2.83	-3.23%
Gasoline •1 day	3.050	-0.052	-1.66%
Ethanol •710 days	2.161	+0.000	+0.00%
Silver •710 days	30.82	+1.16	+3.92%

Silver • 710 days	30.82	+1.16	+3.92%
Copper • 710 days	4.530	+0.111	+2.51%
Brent Crude • 24 hours	87.33	-3.05	-3.37%
Natural Gas • 1 day	3.120	+0.033	+1.07%
Heating Oil • 1 day	3.404	-0.109	-3.09%

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GBP/USD - Wide-Open Towards Resistance At 1.2771

By - Jan 26, 2017, 6:15 AM CST

GBP/USD's demand has largely increased towards 1.2771 fading around 1.2550. The technical structure is still anyway showing positive potential. Hourly support is given at 1.2254 (19/01/2016 low). Expected to show further bullish move.

The long-term technical pattern is even more negative since the Brexit vote has paved the way for further decline. Long-term support given at 1.0520 (01/03/85) represents a decent target. Long-term resistance is given at 1.5018 (24/06/2015) and would indicate a long-term reversal in the negative trend. Yet, it is very unlikely at the moment.

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