📊 GBPUSD 13th January 2025 Daily Analysis Based on Main Key Levels

The GBPUSD is currently trading near critical support and resistance levels, presenting structured trade setups for both intraday buying and selling opportunities. This analysis is based on the Daily Current Market Price (DCMP) of 1.21542 and incorporates swing high, swing low, Fibonacci retracement levels, RSI divergence, and MACD crossing to provide actionable insights for traders.

🔍 Key Levels Overview

Resistance Levels (Above DCMP):

🔴 Resistance 1: 1.22906

🔴 Resistance 2: 1.23214

🔴 Resistance 3: 1.23713

Support Levels (Below DCMP):

🟢 Support 1: 1.21784

🟢 Support 2: 1.20877

🟢 Support 3: 1.21101

Swing Levels:

Swing High: 1.28116

Swing Low: 1.23521

🔍 Technical Analysis of GBPUSD

The Daily Current Market Price (DCMP) of 1.21542 is positioned between major resistance and support levels. These levels offer actionable zones for both buying and selling opportunities.

Key Technical Indicators:

Fibonacci Levels: Resistance and support levels align with Fibonacci retracement and extension zones, confirming their reliability for trade setups.

RSI Divergence: RSI shows neutral momentum, with no signs of overbought or oversold conditions.

MACD Crossing: MACD indicates a slight bearish bias, suggesting potential downward movement before a recovery.

🔍 Trade Setups for GBPUSD

Intraday Buy Trade Setup

📍 Entry Price: 🟢 1.20877

🛡️ Stop Loss: 🛑 1.21101

🎯 Take Profit 1: 🟢 1.21784

💰 Take Profit 2: 🟢 1.22407

This trade setup is based on the strong support level at 1.20877, which aligns with Fibonacci retracement levels and pivot zones. MACD hints at possible bullish momentum near this area.

Intraday Sell Trade Setup

📍 Entry Price: 🔴 1.21784

🛡️ Stop Loss: 🛑 1.22906

🎯 Take Profit 1: 🔴 1.20877

💰 Take Profit 2: 🔴 1.21600

This trade setup focuses on the resistance level at 1.21784, which aligns with Fibonacci extension levels and pivot zones. RSI suggests potential overbought conditions near this area, and MACD supports a bearish outlook.

🔍 Summary of Support and Resistance Levels

Resistance Levels: 1.22906, 1.23214, 1.23713

Support Levels: 1.21784, 1.20877, 1.21101

Swing Levels: Swing High: 1.28116, Swing Low: 1.23521

Conclusion

GBPUSD is currently trading near pivotal levels, with 1.20877 acting as a strong support zone and 1.21784 as a key resistance level. These levels provide structured trade setups for both intraday buying and selling opportunities. By integrating technical indicators such as Fibonacci retracement, RSI divergence, and MACD, traders can refine their strategies and make more informed decisions.