{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurgbp-bearish-daily-pin-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurgbp-bearish-daily-pin-bar\/","headline":"EURGBP Bearish Daily Pin Bar","name":"EURGBP Bearish Daily Pin Bar","description":"The EURGBP has formed a bearish Pin Bar on the daily chart. This Pin Bar is rejecting the recent resistance and has a bearish close. The very short term move on this pair has been to the down-side and we can now see price has made a run up back into this resistance. This run […]","datePublished":"2013-04-19","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/rr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/rr.png","height":"390","width":"598"},"url":"https:\/\/forexschoolonline.com\/eurgbp-bearish-daily-pin-bar\/","about":["Price Action Charts in Focus"],"wordCount":120,"articleBody":"The EURGBP has formed a bearish Pin Bar on the daily chart. This Pin Bar is rejecting the recent resistance and has a bearish close. The very short term move on this pair has been to the down-side and we can now see price has made a run up back into this resistance. This run higher has stopped and formed the Pin Bar right on the 50%\u00a0Fibonacci\u00a0level.Should price fall lower over the coming sessions the near term support comes in close below around the 0.8485 area. If price moves higher, price will have to break through the resistance area that the pin bar is rejecting\u00a0to make any continued moves higher. EURGBP DAILY CHART | 19 APRIL 2013   "}