GBP/USD Might Be Seen Around the 138.40 Level ðĻðĻðĻ
ðĄ Trade Idea
ð Sell Limit GBP/JPY @ 140.11
ðŊ Target Profit 138.40
ð Stop Loss 140.46
â Do not risk more than 1 % of your account on each trade
ð 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.
ð Sell Limit GBP/JPY @ 140.11
ðŊ Target Profit 138.40
ð Stop Loss 140.46
â Do not risk more than 1 % of your account on each trade
ð 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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