Archive for June 16th, 2010

Forex Technical Analysis (2010/06/16) GBP/JPY Bullish Correction Within Downtrend

(Please click on the forex chart thumbnail to enlarge) 6/16/2010 Forex Technical Analysis (FXpath.com) – GBP/JPY, a daily chart of which is shown, has been following an uptrend support line extending from the 15-month low hit in late May. This uptrend line represents a bullish correction within the context of a strong downtrend channel that [...]