Weekend gap
A weekend gap is a price gap between Friday's close and the next opening, because the market is shut in between.
Definition
A weekend gap is a price gap between Friday's close and the next opening, because the market is shut in between.
Currency markets close for the weekend, so the first candle of the week can open away from the last candle of the previous one. The gap is not a fair value gap, though a fair value gap may form in the candles around it.