GBP/USD Might Be Seen Around the 138.40 Level ๐Ÿ”จ๐Ÿ”จ๐Ÿ”จ

๐Ÿ’ก Trade Idea

๐Ÿ“‰ Sell Limit GBP/JPY @ 140.11

๐ŸŽฏ Target Profit 138.40

๐Ÿ›‘ Stop Loss 140.46

โŒ Do not risk more than 1 % of your account on each trade

๐Ÿ™‚ 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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