{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gbpusd-stuck-in-range\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gbpusd-stuck-in-range\/","headline":"GBPUSD Stuck in Range","name":"GBPUSD Stuck in Range","description":"The GBPUSD has been trading in a tight range the last couple of months with price unable to move freely either higher or lower. Markets that are ranging can be some of the toughest markets to trade and because of this the best play is to sit aside until price breaks out one way or […]","datePublished":"2012-08-15","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\/gbu.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/08\/gbu.png","height":"266","width":"597"},"url":"https:\/\/forexschoolonline.com\/gbpusd-stuck-in-range\/","about":["Price Action Charts in Focus"],"wordCount":122,"articleBody":"The GBPUSD has been trading in a tight range the last couple of months with price unable to move freely either higher or lower. Markets that are ranging can be some of the toughest markets to trade and because of this the best play is to sit aside until price breaks out one way or another. When price breaks out it will become much clearer which direction traders should start looking to trade.Price is now sitting close to the top of the range and has formed a small rejection candle. We could see price fall lower from here, however if price does break the range high a new\u00a0up-trend\u00a0could be about to start. GBPUSD DAILY CHART – 15 AUG 2012  "}