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
Thomson Reuters IFR Markets