Date: Wednesday 27 Feb 2013
A strong bearish trend remains intact for the GBP/USD as it trades at a two-and-a-half year low, according to technical analysts at Digital Look.
"There are still no signs to confirm a rebound in spite of the high oversold levels on the daily price chart," the said.
"In order to confirm the start of a considerable rebound, there must be a close above Friday's high at 1.5322."
CN
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