Commodity Prices

Gold •170 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	936.40	+12.90	+1.40%
WTI Crude •14 hours	69.46	+0.08	+0.12%
Gasoline •14 hours	1.942	+0.019	+0.98%
Ethanol •170 days	2.161	+0.000	+0.00%
Silver •170 days	30.82	+1.16	+3.92%

Silver • 170 days	30.82	+1.16	+3.92%
Copper • 170 days	4.530	+0.111	+2.51%
Brent Crude • 13 hours	72.94	+0.06	+0.08%
Natural Gas • 14 hours	3.748	+0.164	+4.58%
Heating Oil • 14 hours	2.232	-0.006	-0.27%

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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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