📊 GBPUSD 18th March 2025 Daily Analysis Based on Main Key Levels

Current Market Price (CMP): 1.29780

🎯 Immediate Price Context

Above CMP (Resistance):

Immediate Resistance: 1.30403

Breakout Threshold: 1.31788

Below CMP (Support):

Critical Support: 1.29547

Downside Target: 1.26777

Swing High/Low (4H/Daily):

Swing High: 1.28614

Swing Low: 1.25502

🔍 Technical Snapshot

Key Levels: Resistance cluster at 1.30403–1.31788; Support shelf at 1.29547–1.26777.

Fibonacci Zones: 1.26777–1.29547 aligns with 61.8% retracement; 1.30403–1.31788 marks 38.2% extension.

RSI: Neutral at 49 (no divergence detected).

MACD: Signal line hovering near zero, indicating consolidation.

💡 Trade Idea 1: Intraday Buy Setup

Entry Price: 🟢 1.29547

Stop Loss: 🔴 1.29268 (below immediate support)

Take Profit 1: 🟡 1.29780 (CMP retest)

Take Profit 2: 🟢 1.30175 (resistance cluster)

Rationale: Confluence of Fib 61.8% retracement and historical demand zone. Upside targets align with liquidity pools near swing high.

💡 Trade Idea 2: Intraday Sell Setup

Entry Price: 🔴 1.30403

Stop Loss: 🟢 1.30455 (above resistance shelf)

Take Profit 1: 🟡 1.29721 (mid-range pivot)

Take Profit 2: 🔴 1.28987 (Swing Low proximity)

Rationale: Resistance retest with bearish order-block alignment. Targets align with Fib-based support tiers.

📉 Critical Observations

Breakout Catalyst: Close above 1.30403 may trigger momentum toward 1.31788.

Risk Threshold: A sustained drop below 1.29547 invalidates bullish bias, exposing 1.26777.