💷 GBPJPY 24th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

• 189.386

• 189.386

Key Levels Relative to DCMP:

• Support (Below 189.386): 188.109, 187.156, 185.613

• Resistance (Above 189.386): 189.652, 191.195, 192.148

📊 Technical Snapshot

Critical Swing Levels:

• Swing High: 193.060 | Swing Low: 187.054

• Fibonacci Retracement: Aligns with 187.054–193.060 range.

• RSI: Neutral at 51 on 4H chart.

• MACD: Bearish momentum fading near support zones.

🚨 Trade Setups

1️⃣ Intraday Buy Opportunity

• Entry Price: 🎯 188.109

• Stop Loss: 🛑 187.156

• Take Profit 1: ✅ 189.386

• Take Profit 2: ✅ 189.652

Rationale: Strong support at 188.109 with bullish divergence potential on lower timeframes.

2️⃣ Intraday Sell Opportunity

• Entry Price: 🎯 189.652

• Stop Loss: 🛑 191.195

• Take Profit 1: ✅ 189.386

• Take Profit 2: ✅ 188.109

Rationale: Resistance cluster at 189.652 aligns with bearish MACD crossover near key levels.

⚠️ Critical Risk Zones

• Break Below 187.156: Accelerates decline toward 185.613.

• Break Above 191.195: Opens path to retest 192.148 resistance.

Pro Tip: Monitor price reactions at 189.386 DCMP for intraday bias shifts. Tight stops recommended in GBPJPY’s volatile sessions! 💡