Question about gap

Beginner Questions
1

HI,
I have a plan to sell gbpusd 1.6157 but because of big gaps in the usdchf I decided to avoid getting any trades until the gap is filled . because as you know there is a important reverse correlation between GBPUSD and USDCHF .
Is that really important to note?

and there is another question . It’s bank holiday in england . Do you think it would increase the risk of the trade .By risk I mean we see bad moves in the market?

Thanks

2

Sounds like your plan is solid. If unsure of what to do sit out. Best plan ever. Gaps are gaps sometimes they fill sometimes they dont. I personally like to do as you said and wait for the gap to fill before looking to do anything. As far as bank holidays from what I have seen it never works out for the currency that has the holiday but that means nothing to me as I am wrong a lot.