💷 GBPJPY 14th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 191.701

GBPJPY consolidates near 191.701, with resistance above and support below shaping intraday strategy.

Key Technical Summary 🔍

• Above DCMP (Resistance): 192.807, 193.251, 193.970, 195.457

• Below DCMP (Support): 191.369, 190.925, 190.206, 189.333

• Swing High: 194.762 🚨 | Swing Low: 190.027 🛑

• RSI: Neutral (50), no divergence observed.

• MACD: Bearish momentum fading near the baseline.

Intraday Trade Setups 💡

1️⃣ Intraday Buy Trade Setup

• Entry Price: 191.369 🟢

• Stop Loss: 190.206 🔴

• Take Profit 1: 192.088 🟡

• Take Profit 2: 192.807 🟢

Rationale: Strong support confluence at 191.369 (Fib 61.8% retracement + order block).

2️⃣ Intraday Sell Trade Setup

• Entry Price: 193.118 🔴

• Stop Loss: 193.970 🟡

• Take Profit 1: 192.088 🟢

• Take Profit 2: 191.369 🟢

Rationale: Resistance cluster near 193.118–193.970 aligns with bearish reversal potential.

Technical Breakdown 📉

Critical Levels:

• Resistance: 192.807 (immediate hurdle), 193.970 (major barrier).

• Support: 191.369 (key floor), 190.206 (next downside target).

• Fibonacci Levels: 190.925 (38.2% retracement), 189.333 (61.8% extension).

• Price Action: DCMP struggles between 191.369–193.118; breakout likely to test swing extremes.

Conclusion 🎯

• GBPJPY’s intraday bias hinges on 191.369–193.118. Bulls target 192.088–192.807, while bears aim for 192.088–191.369. Watch MACD for trend confirmation.

Disclaimer: Analysis is educational. Verify with live data before trading.

🔔 Pro Tip: Pair price action with volume spikes to validate breakout/breakdown reliability!