EUR/GBP spike today was all about a month-end fix

The EUR/GBP has certainly rebounded today and that move has come as the GBP/USD crumbled from an earlier session high at 1.3000, to a low at 1.2844. It is actually no coincidence that both moves hit respective highs and lows right on the 4pm London fix- the final fix of the month, which saw the EUR/GBP rise to a high at 0.8453 and the GBP/USD slide to a low at 1.2844. Both have reversed some of those moves since then, but whatever happens this evening we are going to see a negative close on the GBP/USD tonight and a corresponding positive close on the EUR/GBP. So, there is no doubt here; that someone pulled the trigger for the month-end fix and that looks 100% like it was a massive EUR/GBP order set for that event. That is especially the case, as the dollar did not gain at all elsewhere, versus the Yen and the Euro, when that EUR/GBP order went through the market. The EUR/GBP is currently trading at 0.8436