Forex Technical Update 6/28/2010 – Sterling Standing up Against the Japanese Yen

Forex Technical Update 6/28/2010 Fan Yang CTA www.fxtimes.com The Japanese yen continues to outperform the greenback. However, against the USD and JPY, the GBP appears to be a sole instrument of strength. We see this in the GBP/USD and the GBP/JPY, as these pairs held there gains while others, such as the Euro, fell against the USD and JPY.