💷 GBPUSD 21st February 2025 Daily Analysis Based on Main Key Levels

Market Snapshot 📌

Daily Current Market Price (DCMP): 1.26734

Swing High: 1.25502 | Swing Low: 1.23324

Key Levels Relative to DCMP 🎯

Below DCMP (Support):

Immediate Support: 1.26304 🛡️

Strong Support: 1.26046 🛡️

Critical Floor: 1.25472 🛡️

Above DCMP (Resistance):

Immediate Resistance: 1.27008 ⚔️

Strong Resistance: 1.27328 ⚔️

Upper Barrier: 1.28147 ⚔️

Technical Analysis 🔍

Fibonacci Zones:

38.2% retracement at 1.26046 aligns with structural support.

61.8% extension targets 1.27328 resistance.

Momentum Indicators:

RSI at 49 signals neutral bias.

MACD lines converge near midline.

Intraday Trade Setups ⚡

1️⃣ Intraday Buy Trade

Entry: 🎯 1.26304 (Price-Volume Support Cluster)

Stop Loss: 🚫 1.25472 (Critical Swing Low)

Take Profit 1: ✅ 1.26734 (DCMP Reclaim)

Take Profit 2: ✅ 1.27008 (Immediate Resistance)

2️⃣ Intraday Sell Trade

Entry: 🎯 1.27008 (Liquidity Pool Resistance)

Stop Loss: 🚫 1.27328 (Strong Resistance)

Take Profit 1: ✅ 1.26304 (Primary Support)

Take Profit 2: ✅ 1.25826 (Strong Swing Level)

Strategic Insight 🔥

GBPUSD consolidates near 1.26734 pivot. Critical triggers:

Sustained close above 1.27008 → Rally toward 1.27328.

Breakdown below 1.26304 → Accelerated drop to 1.25472.

Trade with 1:3 risk-reward ratio. Confirm entries with bullish/bearish engulfing patterns.

🔔 Pro Tip: Align trades with institutional order blocks – exploit false breaks below support/above resistance for high-probability reversals.