GBPUSD ๐ท GBPUSD Daily Analysis Based on Main Key Levels - [April 23, 2025]
Daily Current Market Price (DCMP): 1.33220
Market Position: Trading above immediate support at 1.33094 and below critical resistance at 1.33649
๐ Critical Technical Levels
Resistance (Above DCMP)
๐ 1.33649 - Intraday sell trigger (Weekly pivot resistance)
๐ 1.34549 - Macro trendline resistance
๐ 1.33982 - Fib 1.618 extension zone
Support (Below DCMP)
๐ข 1.33094 - High-probability buy zone (50% Fib retracement)
๐ข 1.32625 - Liquidity cluster
๐ข 1.32077 - Multi-week swing low
Swing Levels
โ๏ธ Swing High: 1.32077 (Daily timeframe)
โ๏ธ Swing Low: 1.27081 (4H timeframe)
๐ Intraday Trade Setups
Buy Opportunity
Entry: 1.33094 ๐ฏ
Stop Loss: 1.32077 ๐ซ
Take Profit 1: 1.33649 โ
Take Profit 2: 1.34214 โ
Rationale:
Confluence of weekly support & Fibonacci retracement
Bullish RSI divergence forming on 4H chart
MACD histogram showing reduced bearish momentum
Sell Opportunity
Entry: 1.33649 ๐ฏ
Stop Loss: 1.34589 ๐ซ
Take Profit 1: 1.33094 โ
Take Profit 2: 1.32625 โ
Rationale:
Resistance aligns with weekly pivot & descending channel
Bearish order block visible on daily timeframe
Declining trading volume above 1.33500
