Based on price structures, I focus on 4 currency indexes in this week.
1. CAD: Forming a flag correction which implies a next move.
2. CHF: confirmed to going down, price may has a small correction and form the bearish trend.
3. JPY: likely to break! We must wait for...
If we looking at the price structure of Gold and DXY, we can project the channel easily. Hereby, the DXY would fulfill the last wave (5) of ending diagnose while GOLD will drop one more wave to end the side-way correction.
Let's wait for the upcoming structure in next week.
Play with GBP now is risky because there are so many concern about Brexit until 25 Dec (deadline to finalize Brexit plan).
The highly concern may form a consolidation in form of ending price action, then drop down @25Dec.
Let's observe to see how price react with this event.