{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gbpjpy-bullish-engulfing-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gbpjpy-bullish-engulfing-bar\/","headline":"GBPJPY Bullish Engulfing Bar","name":"GBPJPY Bullish Engulfing Bar","description":"The GBPJPY has moved higher off the back of a Bullish Engulfing Bar (BUEB). This BUEB had formed at an area that was old resistance and held as new support. When price broke higher through the top of the BUEB price began it’s climb higher into the next resistance area which comes in around 1.2780. […]","datePublished":"2012-10-17","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\/10\/gp.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/10\/gp.png","height":"417","width":"693"},"url":"https:\/\/forexschoolonline.com\/gbpjpy-bullish-engulfing-bar\/","about":["Price Action Charts in Focus"],"wordCount":88,"articleBody":"The GBPJPY has moved higher off the back of a Bullish Engulfing Bar (BUEB). This BUEB had formed at an area that was old resistance and held as new support.When price broke higher through the top of the BUEB price began it’s climb higher into the next resistance area which comes in around 1.2780.This market is looking very bullish of late and the best play may be to wait for rotations lower before getting long with the revcent move higher. GBPJPY DAILY CHART – 17 OCTOBER 2012 "}