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GBPUSD fills the hourly bar gap from Feb 26th/March 1st

Written March 16, 2010 at 2:36 PM EST by Greg Michalowski 

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gregmike-00860

Remember the gap on the hourly chart from February 26th to March 1st between the 1.5239 and the high on Monday at 1.5203?  That gap was filled with the GBPUSD move up to the high for the day at the 1.5244 (PHEW).  The price now is looking to hold the support at the 1.5206. This was the high for the day prior to the move higher.

gregmike-00859

Categories: Forex Trading  |  
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