Yes, you can do this by navigating to the Recurring Series section of the app in the Invoicing section.
From there, select the series you want to cancel, then tap the three-dot menu and select “Cancel Series.”
This will prevent all future invoices in this series from being sent, but will not cancel any invoices that have already been sent in the series. If you need to cancel invoice(s) that have already been sent, you must do so individually.