💹 GBPJPY 13th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 191.457

Critical Price Zones

Above DCMP (Resistance):

Immediate Resistance: 192.350 🚩

Major Resistance: 193.060 🚩

Swing High: 193.060

Below DCMP (Support):

Immediate Support: 190.705 🚩

Major Support: 189.060 🚩

Swing Low: 187.682

Technical Analysis Snapshot 🔍

Fibonacci Levels:

61.8% retracement aligns with resistance at 193.06; 38.2% supports at 189.06.

RSI Divergence:

RSI (54) neutral but shows bearish divergence near resistance cluster.

MACD Crossover:

Bearish histogram below the signal line confirms short-term downside pressure.

Intraday Trade Setups ⚡

Trade Idea 1: Intraday Buy

Entry: 190.705 📍

Stop Loss: 188.04 🔴

Take Profit 1: 191.46 🟢

Take Profit 2: 192.18 🟢

Rationale: Confluence at Fib support (189.06) and key weekly level (190.705).

Trade Idea 2: Intraday Sell

Entry: 192.35 📍

Stop Loss: 193.06 🔴

Take Profit 1: 191.46 🟢

Take Profit 2: 190.70 🟢

Rationale: Resistance cluster at 192.35-193.06 aligns with MACD bearish momentum.

Strategic Outlook 🔭

GBPJPY consolidates near DCMP (191.457) with a neutral-to-bearish bias due to:

Resistance pressure at 192.35-193.06 zone

MACD trending below zero line

RSI divergence near recent swing high

Key Action Zones:

Bullish Scenario: Break above 193.06 targets 195.01.

Bearish Scenario: Close below 189.06 opens path to 187.68.

⚠️ Risk Note: Monitor BoE rate guidance and Japan’s monetary policy shifts.