🎯 GBPJPY 18th March 2025 Daily Analysis Based on Main Key Levels

Current Market Price (CMP): 194.135

🔑 Immediate Price Context

Above CMP (Resistance):

🚨 Immediate Resistance: 195.713

Breakout Threshold: 195.266

Below CMP (Support):

🛡️ Critical Support: 194.065

Downside Target: 192.025

Swing High/Low (4H/Daily):

Swing High: 193.060

Swing Low: 187.682

🔍 Technical Snapshot

Key Levels: Resistance cluster at 195.713–195.266; Support shelf at 194.065–192.025.

Fibonacci Zones: 192.025–194.065 aligns with 61.8% retracement; 195.266 marks 38.2% extension.

RSI: Neutral at 52 (no divergence observed).

MACD: Signal line near zero, indicating consolidation.

💡 Trade Idea 1: Intraday Buy Setup

Entry Price: 🟢 194.065

Stop Loss: 🔴 193.047 (below immediate support)

Take Profit 1: 🟡 194.501 (mid-range resistance)

Take Profit 2: 🟢 195.266 (Fib extension zone)

Rationale: Confluence of Fib 61.8% retracement and historical demand zone. Upside targets align with liquidity pools near swing high.

💡 Trade Idea 2: Intraday Sell Setup

Entry Price: 🔴 195.713

Stop Loss: 🟢 196.000 (above resistance shelf)

Take Profit 1: 🟡 194.028 (pivot retest)

Take Profit 2: 🔴 192.498 (Swing Low proximity)

Rationale: Resistance retest with bearish order-block alignment. Targets align with Fib-based support tiers.

⚠️ Critical Observations

Breakout Catalyst: Close above 195.713 may trigger momentum toward 196.500.

Risk Threshold: Sustained drop below 194.065 invalidates bullish bias, exposing 192.025.