💷 GBPUSD 24th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

• 1.26734

• 1.26734

Key Levels Relative to DCMP:

• Support (Below 1.26734): 1.26304, 1.25923, 1.25544

• Resistance (Above 1.26734): 1.27008, 1.27417, 1.27765

📊 Technical Snapshot

Critical Swing Levels:

• Swing High: 1.25502 | Swing Low: 1.25632

• Fibonacci Retracement: Aligns with 1.25632–1.25502 range.

• RSI: Neutral at 49 on 4H chart.

• MACD: Bearish histogram fading near key support.

🚨 Trade Setups

1️⃣ Intraday Buy Opportunity

• Entry Price: 🎯 1.26304

• Stop Loss: 🛑 1.25923

• Take Profit 1: ✅ 1.26734

• Take Profit 2: ✅ 1.27007

Rationale: Strong support cluster at 1.26304 (weekly pivot) with bullish MACD reversal potential.

2️⃣ Intraday Sell Opportunity

• Entry Price: 🎯 1.27008

• Stop Loss: 🛑 1.27417

• Take Profit 1: ✅ 1.26734

• Take Profit 2: ✅ 1.26304

Rationale: Resistance confluence at 1.27008 aligns with overbought RSI conditions on higher timeframes.

⚠️ Critical Risk Zones

• Break Below 1.25923: Accelerates decline toward 1.25544.

• Break Above 1.27007: Opens path to test 1.27417 resistance.

Pro Tip: Watch price reactions at 1.26734 DCMP for intraday bias shifts. Use tight stops in GBPUSD’s volatile sessions! 💡