Currency Pair of the Week: GBPJPY

Week of: 12/27/21 – 12/31/21

The World Wealth Gauge is showing us that things have changed recently and there’s strength in the markets. While most of the gauge indicators are flashing a ‘risk on’ reading, I want to play it conservative.

And with that in mind, I have picked my favorite trade this week from the currency space.

It’s the GBPJPY and I think it is going to be a nice trade playing out in January.

I’m looking to sell between 155.65 to 157.80 levels, with a stop set at 158.30.

My target here is set at 145.50 levels.

Today’s video talks about why I love this trade and how there’s an awesome pattern playing out for the GBPJPY.

Check out this week’s top picks video for strategy details.

And have a great New Year! 😊

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