EURGBP - WHAT THE!!!! OVALS in our midst

Short term short on this one.... WHAT IN THE NAME IS GOING ON HERE????? have I stumbled onto oval pattern strategy that already exists?? PLEASE SOMEONE enlighten me... but this looks really oddly weird to me. extremely strange phenomenon. ANYONE?? Bueler? Bueler?

COMMENTS welcome!!! (PLEASE!)

.... afterwards-- if you resize, the ovals go out of alignment -- but when I draw them, the lows are perfectly peaking at the oval borders.

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