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.