This week Hot Pick is the GBPJPY! Pretty simple setup. This market has formed a double top at a strong past support becomes future resistance. In addition, looking at GBP crosses, I anticipate the GBP weakness for this upcoming week. However, due to heavy fundamental announcements this week, I am looking to reduce my normal 1% risk to 0.5% risk per trade. I am looking to enter short at market open with my stop at the red dashed horizontal line. One could also wait for the red counter trendline break before shorting.