This week we expect strength in the JPY and USD against the EUR and GBP currencies.
We are looking for a stronger rally in the JPY than in the USD, therefore we anticipate the USDJPY pair to sell off.
In addition, we expect the EUR to lose ground against the GBP.
So, watch for potential stabilization of the GBPUSD and weakness in the EURGBP.
For detailed trade recommendations visit: http://www.goldcoastam.com/report.php?a=trade4all
Sincerely,
Chris Brueck
Gold Coast Asset Management Inc.