GBP/USD Might Be Seen Around the 138.40 Level 🔨🔨🔨
💡 Trade Idea
📉 Sell Limit GBP/JPY @ 140.11
🎯 Target Profit 138.40
🛑 Stop Loss 140.46
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a channel formation, but it reached a daily resistance (140.24) without succeeding to close above it. Now, it moved to the downside but our expectation is a slight correction to the highlighted zone and the a move downward to the 138.40 mark.
📉 Sell Limit GBP/JPY @ 140.11
🎯 Target Profit 138.40
🛑 Stop Loss 140.46
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a channel formation, but it reached a daily resistance (140.24) without succeeding to close above it. Now, it moved to the downside but our expectation is a slight correction to the highlighted zone and the a move downward to the 138.40 mark.
