my point was that volume we see on charts is only from SM activity, not from "public". In early UK session SM selling GBP across the board, on GU stopped on S line.They stop selling and start buying its daily issue for them.Probably under 1.5080 are stops of long positions, so hunting down these stops will be accelerate seeling and this is not in their interest (for now).So they manage market as we see.
Maybe Im wrong to understanding of the basics..
cheers
Maybe Im wrong to understanding of the basics..
cheers