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Thomson Reuters
May 17 - 12:12 AM
GBP/JPY - Gets Leg Up On Talk Of Brexit Customs Deal
First appeared on eFXplus on May 16 - 09:55 PM
  • Telegraph reports UK likely to stay in EU customs union beyond '21.
  • GBP/JPY gets leg up on news, 148.72 to 149.57, pierces some tech levels.
  • Ascending 200-DMA at 149.32 cleared, holding now around 149.53 55-DMA.
  • Cross still below daily Ichi cloud, base ascending, at 150.11 today.
  • Some question whether GBP to gain more traction on this news.
  • Weekly Ichi tenkan and kijun above at 150.42, 150.76, see nL3N1SN66U.

GBP/JPY: Click here

Source:
Thomson Reuters IFR Markets

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