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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.