💷¥ GBPJPY 10th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 190.740

Resistance above | Support below

🔥 Critical Price Zones

Immediate Resistance: 191.479 → 192.350 🚨

Strategic Resistance: 193.060 (Swing High)

Immediate Support: 190.125 → 189.060 🛡️

Swing Low: 187.682 (Major Demand Anchor)

📊 Technical Framework

Fibonacci Dynamics:

61.8% retracement at 189.707 aligns with institutional accumulation zone 📈

127.2% extension at 192.574 coincides with options expiry liquidity pool 🎯

Momentum Signals:

RSI: Bullish divergence forming at 52 on 4H chart ⚡

MACD: Histogram flips positive but remains below signal line 🕒

Structural Context:

Price consolidates between 190.125 support and 191.479 resistance 🔄

Close above 192.350 invalidates bearish structure, targeting 193.366 🚀

💼 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 190.705 🎯 (Confluence: Pivot + Trendline)

Stop Loss: 189.060 ⛔ (Below Swing Low)

Take Profit 1: 191.479 ✅ (Daily Resistance Flip)

Take Profit 2: 192.350 ✅ (Liquidation Trigger Zone)

Rationale:

Bullish order block detected at 190.705 via volume profile analysis 📊

Hidden bullish divergence on stochastic oscillator (4H timeframe) 🔍

🔴 Intraday Sell Trade

Entry: 192.350 🎯 (Multi-Session Resistance)

Stop Loss: 193.060 ⛔ (Above Swing High)

Take Profit 1: 190.740 ✅ (DCMP Retest)

Take Profit 2: 189.707 ✅ (Fib Cluster Support)

Rationale:

Bearish fair value gap between 192.350-192.574 on market profile 📉

Bearish engulfing pattern forms at resistance with expanding volume 📛

⚠️ Risk Protocol

Maximum risk exposure: ≤1.2% per trade 📉

Partial close (50%) at TP1, trail stop to entry 📌

Avoid trading during BOJ policy speech windows (March 11-12) 🕒

🌍 Fundamental Catalyst

GBPJPY straddles UK growth concerns vs JPY intervention risks. Break above 192.350 eyes 193.366, while breakdown below 189.060 targets 187.682. Monitor March 12 UK GDP data.

Note: 192.574 resistance aligns with gamma-neutral zone in options markets.

Technical Toolkit:

Fibonacci retracement/extension cluster analysis

Volume-weighted price zones (VWAP)

Institutional order flow mapping (COT data)

Ichimoku cloud alignment (4H/Daily)

Trade Wisely: Always confirm with real-time liquidity maps before execution. 🎯