GBP/JPY Might Reach the 138.46 Mark 🔨
💡 Trade Idea
📉 Sell Limit GBP/JPY @ 139.80
🎯 Target Profit 138.46
🛑 Stop Loss 140.28
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is ranging inside a corrective channel after it failed to move upward above the daily resistance level (140.17). We might see a higher correction to the higher end of the corrective channel and then a move to the downside towards the 138.46 level.
📉 Sell Limit GBP/JPY @ 139.80
🎯 Target Profit 138.46
🛑 Stop Loss 140.28
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is ranging inside a corrective channel after it failed to move upward above the daily resistance level (140.17). We might see a higher correction to the higher end of the corrective channel and then a move to the downside towards the 138.46 level.
