What on earth has happened to this candlestick!

Beginner Questions Candlesticks, Chart Patterns, and Price Action
1

Hi!

What has happened to last hour candlestick:
GBP/USD(H1) 22/06/2023
image
Does it look odd to anyone else?

Notice that the open of the current candlestick is sitting

Last hour closed: 1.27687
New hour opened: 1.27845

In the space of seemingly nothing, there is a 15 pip difference?!?!? Am I reading this wrong?

2

That’s only a 15 pip gap but it’s still unusual. There shouldn’t be any gaps.

I guess a bunch of bank traders all had the same idea and all set timed orders. If this was on the hour, then that would show lazy amateurism.

3

What broker is this? I think they’ve had a network issue. A couple of the small candles to the left are different colours to mine, but that big gap doesn’t make sense at this time of day and it’s not on my chart

1 Like
4

It is using Markets.com and an MT5 account.

5

Looks like it may be the broker manipulating the spread. Looking at this on TradingView on multiple different feeds, it doesn’t show this gap up.

image
image833Ă—569 1.71 KB

You should take a closer look at that price action on MT5 and see if there are any candles printed within the gap on the lower time frames.