📉 GBPUSD 13th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.29474

Critical Price Zones

Above DCMP (Resistance):

Immediate Resistance: 1.29547

Major Resistance: 1.30345 🚩

Swing High: 1.25594

Below DCMP (Support):

Immediate Support: 1.29263

Major Support: 1.28779 🚩

Swing Low: 1.25502

Technical Analysis Snapshot 🔍

Fibonacci Levels:

61.8% retracement aligns with resistance at 1.30345; 38.2% supports at 1.28779.

RSI Divergence:

RSI (52) neutral but shows bearish divergence near resistance cluster.

MACD Crossover:

Bearish histogram below the signal line confirms short-term downside momentum.

Intraday Trade Setups ⚡

Trade Idea 1: Intraday Buy

Entry: 1.28162 📍

Stop Loss: 1.25921 🔴

Take Profit 1: 1.29263 🟢

Take Profit 2: 1.29562 🟢

Rationale: Strong confluence at Fib support (1.28779) and pivot buy zone (1.28162).

Trade Idea 2: Intraday Sell

Entry: 1.29547 📍

Stop Loss: 1.30345 🔴

Take Profit 1: 1.29263 🟢

Take Profit 2: 1.28779 🟢

Rationale: Resistance cluster at 1.29547-1.30345 aligns with MACD bearish momentum.

Strategic Outlook 🔭

GBPUSD consolidates near DCMP (1.29474) with a neutral-to-bearish bias due to:

Resistance pressure at 1.29547-1.30345 zone

MACD trending below zero line

RSI divergence near overbought territory

Key Action Zones:

Bullish Scenario: Break above 1.30345 to target 1.31788.

Bearish Scenario: Close below 1.28779 opens path to 1.24536.

⚠️ Risk Note: Monitor BoE rate decisions and US economic data for volatility triggers.