{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gbpusd-bullish-rejection\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gbpusd-bullish-rejection\/","headline":"GBPUSD Bullish Rejection","name":"GBPUSD Bullish Rejection","description":"Yesterday the GBPUSD formed a Bullish Rejection candle. This rejection candle was formed at an area where price had found resistance many times in the past. Once price had\u00a0broken\u00a0this resistance and moved higher, price retraced back lower to now find new support at the old resistance area. Price has moved\u00a0slightly\u00a0higher form the bullish rejection candle […]","datePublished":"2012-08-30","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\/08\/gu.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/gu.png","height":"261","width":"654"},"url":"https:\/\/forexschoolonline.com\/gbpusd-bullish-rejection\/","about":["Price Action Charts in Focus"],"wordCount":99,"articleBody":"Yesterday the GBPUSD formed a Bullish Rejection candle. This rejection candle was formed at an area where price had found resistance many times in the past. Once price had\u00a0broken\u00a0this resistance and moved higher, price retraced back lower to now find new support at the old resistance area.Price has moved\u00a0slightly\u00a0higher form the bullish rejection candle and if it can\u00a0continue this move resistance comes in around 1.5880. If price moves back lower it will have to break the solid support area that is holding nicely at this stage. GBPUSD DAILY CHART – AUG 30 2012   "}