💷 GBPJPY 28th February 2025 Daily Analysis: Critical Price Zones

Current Market Price: 🏷️ 189.388

🎯 Immediate Price Thresholds

Above Price (Resistance):

➤ 189.652 🚨 Breakout Catalyst

➤ 190.103 | 190.691

Below Price (Support):

➤ 188.109 🛡️ Strategic Floor

➤ 187.611 | 187.156

Market Structure:

▶ Recent Swing High: 193.060 (Daily timeframe)

▶ Recent Swing Low: 188.152 (Daily timeframe)

⚙️ Technical Framework

Fib Confluence: 188.109 aligns with 61.8% retracement of 188.152-193.060 swing

RSI Position: Neutral at 48.3, indicating equilibrium

MACD Status: Bearish crossover with histogram below zero line

Volume Profile: Weak participation above 190.00

🎯 Intraday Trade Strategies

1️⃣ Buy Opportunity (Support Rebound)

🎯 Entry: 188.109 🔼 Liquidity Zone

🛑 Stop Loss: 187.156 🔻 (-95 pips)

✅ Take Profit 1: 189.652 🔼 (+154 pips)

✅ Take Profit 2: 190.103 🔼 (+199 pips)

Confirmation: Requires bullish reversal pattern on 4H chart.

2️⃣ Sell Opportunity (Resistance Rejection)

🎯 Entry: 189.652 🔽 Order Block

🛑 Stop Loss: 190.691 🔼 (+104 pips)

✅ Take Profit 1: 188.563 🔽 (-109 pips)

✅ Take Profit 2: 187.611 🔽 (-204 pips)

Trigger: Bearish divergence on hourly RSI.

📌 Strategic Insights

GBPJPY consolidates between 188.109-189.652. A break below 188.109 may expose 187.156, while sustained strength above 189.652 could target 190.691. Monitor BoE/BoJ policy divergence for volatility triggers.