How accurate is simulator regarding glance views?

Hi, I'm trying to add support for new devices. Regarding Venu 2, Fenix 7 I was successful but for Epix 2 I get strange look of glance view in simulator:

Notice alignment of app icon on the left and text. 

This look does not make sense to me as top label is defined as

<label

id="TopText"
x="0"
y="5%"
font="Gfx.FONT_GLANCE"
justification="Gfx.TEXT_JUSTIFY_LEFT"
color="Gfx.COLOR_WHITE"
/>
so there should not be so huge padding. 
So what is wrong? Simulator or my definition of glance view?