Forex Flash: GBP/USD lack of rebound worries - Commerzbank

FXstreet.com (Barcelona) - Commerzbank analysts are worried with the lack of rebound seen on the chart, as the GBPUSD still sits on the 1.5632 2009-2013 uptrend: "We note that the daily RSI has not confirmed the new low and would expect this to hold the initial test, but longer term, we in fact favor a break below here to 1.5271/35, the 2012 low", wrote analyst Karen Jones, viewing the trendline as exposed, and pointing to intraday rallies to struggle at 1.5790 and cap at 1.5879/83, the 200 day ma.