GBPJPY 14th March 2025 Daily Analysis Based on Main Key Levels 💹

Daily Current Market Price (DCMP): 192.228

Critical Price Zones

• Above DCMP (Resistance):

  • Immediate Resistance: 193.121 🚩 (Key Weekly Pivot)

  • Major Resistance: 195.011 🚩 (Strategic Supply Zone)
    

• Below DCMP (Support):

  • Immediate Support: 191.476 🚩 (Fib Confluence Area)

  • Major Support: 189.060 🚩 (Institutional Demand Zone)
    

Swing Levels (Daily/4H Timeframe):

• Swing High: 193.060

• Swing Low: 187.682
  

Technical Analysis Snapshot 🔍

1. Fibonacci Levels:

   • 61.8% retracement at 191.476 (critical intraday buy zone).

   • 38.2% extension resistance at 193.121.

2. RSI Divergence:

   • RSI (52) neutral with bearish divergence near 193.121 resistance.

3. MACD Crossover:

   • Bullish crossover forming near 191.476 support.
     

Intraday Trade Setups ⚡

Trade Setup 1: Intraday Buy

• Entry Price: 191.476 📍 (61.8% Fib + Volume-Driven Support)

• Stop Loss: 189.060 🔴 (Below Major Support)

• Take Profit 1: 192.228 🟢 (DCMP Retest)

• Take Profit 2: 193.121 🟢 (Immediate Resistance)

  
  

  Rationale: Strong confluence at 191.476 (Fib + institutional liquidity). MACD bullish momentum aligns with upside potential.

Trade Setup 2: Intraday Sell

• Entry Price: 193.121 📍 (38.2% Fib + Weekly Pivot Resistance)

• Stop Loss: 195.011 🔴 (Above Major Resistance)

• Take Profit 1: 191.476 🟢 (Immediate Support)

• Take Profit 2: 189.060 🟢 (Liquidity Pool)

  
  

  Rationale: Resistance cluster at 193.121 (Fib + pivot alignment). Bearish RSI divergence signals profit-taking pressure.
  

Key Levels Summary 📌

Parameter	Level	Significance
DCMP	192.228	Current Market Reference
Immediate Resistance	193.121	Fib 38.2% + Weekly Pivot
Major Resistance	195.011	Institutional Sell Zone
Immediate Support	191.476	Fib 61.8% & Price Floor
Major Support	189.060	Strategic Demand Zone

Strategic Outlook 🔭

GBPJPY trades near DCMP (192.228) with neutral-to-bearish bias, driven by:

• Resistance dominance at 193.121–195.011 (supply cluster).

• Support accumulation at 191.476–189.060 (demand zone).
  

Action Triggers:

• Bullish Reversal: Sustained close above 193.121 targets 195.011.

• Bearish Breakdown: Drop below 191.476 opens path to 189.060.
  

⚠️ Risk Note: Monitor BoE policy updates and JPY safe-haven flows for volatility spikes.

🔔 Confirm trades with candlestick patterns (e.g., bullish engulfing, bearish pin bar) at key levels.