💷 GBPUSD 10th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.24100

🎯 Critical Price Zones

Support Below DCMP:

✅ 1.23785 | 1.23507 | 1.23057 (Demand Cluster)

Resistance Above DCMP:

⛔️ 1.24686 | 1.24964 | 1.25415 (Supply Zone)

📊 Technical Snapshot

Key Reference Levels:

Immediate Floor: 1.24001

Ceiling Threshold: 1.25150

Fibonacci Framework:

50% Retracement: 1.22852

127% Extension: 1.27009

Momentum Indicators:

RSI: 48.9 (Neutral with bearish bias)

MACD: Histogram flattening near zero line

💡 Trade Opportunities

🟢 Intraday Buy Setup

Entry: 1.24001 🎯

Stop Loss: 1.23057 🔴

Take Profit 1: 1.24964 💰 (1:2.5 R/R)

Take Profit 2: 1.25236 💰💰

Catalyst: Bullish reversal candlestick pattern + oversold stochastic oscillator

🔴 Intraday Sell Setup

Entry: 1.25150 🎯

Stop Loss: 1.25415 🔴

Take Profit 1: 1.24236 💰

Take Profit 2: 1.23604 💰💰

Trigger: Bearish divergence at resistance cluster + BoE policy uncertainty

📉 Swing Reference Levels

Swing High: 1.25236 (Key Breakout Level)

Swing Low: 1.23604 (Critical Support)

💬 Market Pulse

GBPUSD hovers near 1.24100 amid mixed UK inflation data. Bulls require decisive break above 1.25150 to target 1.25236, while bears eye 1.23604 support. Monitor BoE rate guidance and US retail sales data for directional cues.

⚠️ Alert: Use 25-pip trailing stops given Brexit-related headline risks. Price action likely confined to 1.24001-1.25150 range until fundamental catalyst emerges.

Key Drivers to Watch:

UK wage growth data

Fed rate cut probability shifts

GBP liquidity conditions

EU-UK trade agreement updates