Entry 1.24000 Target 1.23500

It looks like you're setting up a sell trade on the GBP/USD pair, also known as the Cable. Here are the details:

_Sell Trade_

- _Entry:_ 1.24000
- _Target:_ 1.23500

This means you're looking to short the GBP/USD pair at 1.24000, with a target profit of 50 pips at 1.23500.

Please keep in mind that you should also set a stop loss to limit potential losses. What's your stop loss level for this trade?

Additionally, what's your analysis behind this trade? Are you looking at any specific technical or fundamental factors that suggest a potential downturn in the GBP/USD pair?