Evening,
I went ahead and set some limit sells on the G/U this morning, looking to place the same 1.98-1.985 resistance top that we've had over the last few weeks. It's been trending upwards nicely on the hourly. R/R at about 1:2.
Wednesday, June 25, 2008
Gaps in the majors from Sunday June 22
GBP/JPY had a nice 40pip gap that filled in the first couple of hours.
GBP/USD had a little 25 pip gap that came within 8 pips of being filled but did not close.
USD/JPY had a smaller 15 pip gap that closed within the first couple of hours.
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