Barclays' trade of the week: Long USD against GBP, JPY, NOK basket

A Sunday note from Barclays with a recommendation for forex:

• We recommend being long USD versus a basket of GBP, NOK, and JPY.
• The potential passage of the US tax bill this week could provide support to the USD into Christmas and holiday seasonality suggests USD appreciation versus these currencies (index ref: 100: target. 103; stop loss: 98.5; GBPUSD: 1.3313. USDNOK: 8.3925, USDJPY: 112.68).
• This trade recommendation is valid from the Wellington open Monday morning to the New York close Friday.