GBPUSD nearly completes the lap down from the flash crash

Moved to NY/London highs

The GBPUSD has nearly completed the lap down from the flash crash impact the start of the session.

Looking at the hourly chart above, the high for the day reached 1.26037. The price just ticked up to 1.25989. The pair is pipping above the 38.2% at 1.25903. Above those levels is an old floor from December at the 1.2606-17 area. Seller should lean against that area with stops on a break above today.

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