💹 GBPJPY 3rd March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

189.481

Immediate support below | Critical resistance above

🔑 Critical Price Zones

Support (Below 189.481):

✅ 189.149 (Weekly Pivot Support Cluster)

✅ 188.443 (Fibonacci 61.8% Retracement)

✅ 187.522 (Structural Swing Low)

Resistance (Above 189.481):

⛔️ 190.156 (Weekly Pivot Resistance)

⛔️ 190.777 (4H Chart Supply Zone)

⛔️ 191.783 (Key Swing High)

Swing Levels:

↗️ Swing High: 193.060

↘️ Swing Low: 188.152

📉📈 Technical Snapshot

Fibonacci Framework:

Price consolidates between 188.152 (61.8% retracement) and 193.060 (38.2% extension)

RSI: 51 (Neutral Bias) – Hidden bullish divergence on 4H charts

MACD: Histogram above signal line → Bullish momentum building

💡 Intraday Trade Setups

🟢 Intraday Buy Trade Idea

📍 Entry: 🎯189.149 (Confluence of Pivot & Fib Support)

🛑 Stop Loss: 🔻188.443 (-70.6 pips)

🎯 Take Profit 1: 💰189.481 (+33.2 pips)

🎯 Take Profit 2: 💰190.156 (+100.7 pips)

Trigger: Bullish hammer candle + MACD line crossover

🔴 Intraday Sell Trade Idea

📍 Entry: 🎯190.156 (Pivot Resistance Cluster)

🛑 Stop Loss: 🔻190.777 (+62.1 pips)

🎯 Take Profit 1: 💰189.149 (-100.7 pips)

🎯 Take Profit 2: 💰188.443 (-171.3 pips)

Trigger: Bearish engulfing pattern + RSI reversal from 58

🧠 Key Market Drivers

Technical Catalyst: 200EMA at 189.481 acting as dynamic equilibrium

Fundamental Watch: BoJ policy uncertainty & UK inflation data

Volatility Signal: 4H ATR at 82 pips (Moderate volatility regime)

📌 Analyst Notes

Breakout Watch: Sustained close above 190.777 may trigger rally toward 191.783

Risk Zone: 187.522-188.443 demand zone critical for bullish reversals

Position Management: Tighten stops post-London session open

Disclaimer: Validate patterns with volume surges for high-confidence execution. 🔍📊