Trading gbp/jpy up on divergence

Gbp/jpy is showing signs of bullish divergence on the daily chart. Placing stop at around 141.13, entry is possible above that. Currently, it is around 141.80, target should be set at around 144.00

Here’s a potential trade on GBP…

From the charts, GBP may strengthen in the short term soon. Those looking to trade this can look at EUR/GBP to go short, and to go long on GBP/JPY and GBP/USD. Price at current levels now presents a good entry point. Right now, traders can look at EUR/GBP to short...