💷 GBPUSD 11th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.23592

Immediate resistance above | Critical support below

🔑 Price Architecture

Resistance (SELL Zones):

✅ 1.24068 (Intraday Barrier)

✅ 1.24435 (Multi-Session Ceiling)

✅ 1.25236 (Swing High)

Support (BUY Zones):

✅ 1.23614 (Liquidity Cluster)

✅ 1.23474 (Fibonacci Confluence)

✅ 1.22852 (Strategic Floor)

Swing Extremes:

🔺 Swing High: 1.25236

🔻 Swing Low: 1.23604

📊 Technical Framework

Fibonacci Cluster: Price tests 61.8% retracement (1.23474-1.23614 zone)

Momentum Watch: RSI at 52 (neutral), MACD histogram shows bearish crossover

Pattern Alert: Descending triangle forming on 4H chart

Volume Analysis: Increased selling pressure at 1.24001 level

💡 Trade Setup #1: Intraday Buy

Entry: 1.22852 🟢

Stop Loss: 1.22142 🔴 (71 pips risk)

Take Profit 1: 1.23614 🟡 (1:1.08 RR)

Take Profit 2: 1.24068 🔵 (1:1.71 RR)

Rationale: Confluence of weekly support + bullish order block + 88.6% Fib level

💡 Trade Setup #2: Intraday Sell

Entry: 1.24001 🔴

Stop Loss: 1.24435 🟠 (43.4 pips risk)

Take Profit 1: 1.23614 🟡 (1:0.89 RR)

Take Profit 2: 1.22852 🔵 (1:2.65 RR)

Rationale: Historical resistance + bearish divergence on 4H timeframe

⚠️ Execution Protocol

Monitor BOE inflation testimony (09:30 GMT)

Watch USD index (DXY) for counter moves

Consider partial profit-taking at London open