📈 GBPUSD 19th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.29686

Key Levels:

Resistance (Above DCMP): 1.30403, 1.31788

Support (Below DCMP): 1.29547, 1.28162

📊 Technical Snapshot

Critical Price Zones

Swing High: 1.31788 (Daily/4H Frame)

Swing Low: 1.25502 (Daily/4H Frame)

Fib Retracement: Price consolidating near 50% retracement zone (1.29547–1.30403)

RSI: Neutral on 1H, potential bullish divergence forming

MACD: Bearish crossover confirmed on 4H timeframe

💡 Intraday Trade Opportunities

Intraday Buy Setup 🟢

Entry: 1.29547 📍 (Key Support Level)

Stop Loss: 1.28162 🛑 (Below critical support zone)

Take Profit 1: 1.29686 🎯 (DCMP Retest)

Take Profit 2: 1.30403 🎯 (Immediate Resistance)

Rationale:

Strong confluence at 1.29547 (support + Fib 50%)

Bullish reversal signals emerging on lower timeframes

Intraday Sell Setup 🔴

Entry: 1.30403 📍 (Key Resistance Level)

Stop Loss: 1.31788 🛑 (Above swing high)

Take Profit 1: 1.29686 🎯 (DCMP Retest)

Take Profit 2: 1.30101 🎯 (Swing Low Zone)

Rationale:

Bearish rejection observed at 1.30403–1.31788 supply zone

Declining volume during upward movements indicates weakness

📉 Market Dynamics

Bullish Trigger: Sustained close above 1.30403 could lead to a rally toward 1.31788

Bearish Risk: Breakdown below 1.28162 may accelerate selling to 1.26777

Technical Indicators 🔭

Volume Profile: Thin liquidity near current levels increases volatility risks

Bollinger Bands: Price testing the lower band near 1.29653

ADR (Average Daily Range): 1.2% suggests high intraday momentum

Final Outlook 🎯

GBPUSD remains range-bound between 1.29547–1.30403. Traders should adopt a fade-the-edges strategy:

Buy dips toward 1.29547 with tight risk management

Sell rallies near 1.30403 with trailing stops

🔑 Key Insight: DCMP (1.29686) acts as a psychological pivot – holding above favors bullish bias, while breaking below signals bearish momentum.

📌 Risk Note: Keep an eye on U.S. economic indicators and geopolitical developments for potential market impacts.