Buy GBPJPY | Technical chart | 07-Feb-2012
By admin on Feb 07, 2012 with Comments 1
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Below is the technical chart of GBPJPY, using Doda-Donchian and Doda-Bbands indicator.
Price is trading above Doda-Donchian, Doda-BBands, confirmed by trading above kumo in Ichimoku. So, all signals directs to buy. 1212.70 is the immediate taget.
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I agree with these conclusions. This view is reinforced by a possible action by the BOJ.
Have also an eye on the USDJPY
JC