GBPJPY analysis - Banks' holiday

Banks at New Zealand, Australia, Europe and UK will be closed today. Thin trading volume is expected today.

Won't trade today...

Meanwhile, here is a report from Bloomberg:

April 9 (Bloomberg) -- The U.K. pound posted a weekly loss against the dollar as British stocks fell for the first time in five weeks.

The British currency also fell against the Japanese yen on concern the recession may be worsening.


read more here.

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