💷 GBPUSD 20th February 2025 Daily Analysis: Strategic Trade Zones & Setups

Daily Current Market Price (DCMP): 1.25932

🔑 Critical Zones

Above DCMP (Resistance/Sell):

Immediate Resistance: 1.26304 🚧

Strong Resistance: 1.26736 🚨

Swing High: 1.25502 (4H timeframe)

Below DCMP (Support/Buy):

Immediate Support: 1.25165 🛡️

Strong Support: 1.23324 🎯

Swing Low: 1.23324 (Daily timeframe)

📉 Technical Snapshot

Pivot Levels:

Buy Zone: 1.25165 | Sell Zone: 1.26304

Fibonacci:

61.8% retracement aligns with 1.25165 support.

38.2% extension at 1.26304 resistance.

RSI: Neutral at 48, no divergence detected.

MACD: Bearish momentum emerging near 1.26304 resistance.

💼 Trade Setups

🟢 Intraday Buy Setup

Entry: 1.25165 🎯

Stop Loss: 1.23324 ❌

Take Profit 1: 1.25669 ✅

Take Profit 2: 1.26259 ✅

Rationale: Strong confluence at Fib support with bullish reversal patterns.

🔴 Intraday Sell Setup

Entry: 1.26304 🎯

Stop Loss: 1.26736 ❌

Take Profit 1: 1.25487 ✅

Take Profit 2: 1.25165 ✅

Rationale: Resistance cluster with MACD confirming downside momentum.

⚠️ Risk Management

Maintain 1:2.5 risk-reward ratio.

Avoid trading during BoE speech windows.

Adjust stops to breakeven after TP1 hit.

Key Swing Levels: High at 1.25502 | Low at 1.23324

🔍 Analysis integrates price action, Fibonacci retracements, and momentum indicators for high-confidence execution.