{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gbpcad-bearish-engulfing-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gbpcad-bearish-engulfing-bar\/","headline":"GBPCAD Bearish Engulfing Bar","name":"GBPCAD Bearish Engulfing Bar","description":"The GBPCAD formed a very solid Bearish Engulfing Bar (BEEB) on the 4hr time frame overnight. This BEEB formed at a very key level and with the recent down momentum. If price moves lower it could fall into support around the recent lows at 1.5750. If however price goes higher we may see a new [&hellip;]","datePublished":"2012-07-12","dateModified":"2019-08-04","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\/2012\/07\/gbpcad.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/07\/gbpcad.png","height":"230","width":"587"},"url":"https:\/\/forexschoolonline.com\/gbpcad-bearish-engulfing-bar\/","about":["Price Action Charts in Focus"],"wordCount":59,"articleBody":"The GBPCAD formed a very solid Bearish Engulfing Bar (BEEB) on the 4hr time frame overnight. This BEEB formed at a very key level and with the recent down momentum.If price moves lower it could fall into support around the recent lows at 1.5750. If however price goes higher we may see a new uptrend.&nbsp;GBPCAD 4HR CHART"}