how to explain this chart

Discussion in 'Forex' started by tradeforum, Jun 1, 2006.

  1. Hi all,
    I found this chart on Monday at EUR/GBP. Can you explain why the price went to down so far and back? what reason caused this long long tail at about 17:00? the chart file attached. thanks
  2. Lucrum


    I don't follow that pair but it looks like it may be a bad tick.