💷 GBPUSD 27th February 2025 Daily Analysis Based on Main Key Levels
- Neom
- Feb 27
- 1 min read
Daily Current Market Price (DCMP): 1.26559 🎯
Key Levels Relative to DCMP
Support (Below DCMP):
▶️ Immediate Support: 1.26304 🟢 (BUY/Support1)
▶️ Strong Support: 1.25817 🛑 (BUY/Support2)
▶️ Critical Support: 1.25544
Resistance (Above DCMP):
▶️ Immediate Resistance: 1.27008 🔴 (SELL/Resistance1)
▶️ Strong Resistance: 1.27417 🚩 (SELL/Resistance2)
▶️ Critical Resistance: 1.26975
Technical Analysis Snapshot 🔍
Fibonacci Levels: Price consolidates near the 50% Fib retracement zone (1.26304–1.27008).
RSI Divergence: RSI (14) at 52 signals neutral momentum.
MACD Crossover: Bearish crossover on 4H chart suggests short-term downside risk.
Intraday Trade Setups 💡
Trade Idea 1: Intraday Buy
Entry Price: 1.26304 🟢
Stop Loss: 1.25544 🔴
Take Profit 1: 1.26761 🟡
Take Profit 2: 1.27008 🟡
Rationale: BUY/Support1 (1.26304) aligns with Fib 61.8% retracement. Bullish reversal patterns observed on lower timeframes.
Trade Idea 2: Intraday Sell
Entry Price: 1.27008 🔴
Stop Loss: 1.27417 🟢
Take Profit 1: 1.26761 🟡
Take Profit 2: 1.26304 🟡
Rationale: SELL/Resistance1 (1.27008) coincides with Fib 38.2% extension. MACD histogram confirms bearish pressure.
Critical Notes ⚠️
Swing High/Low: Daily Swing High at 1.25502, Swing Low at 1.25632.
Risk Management: Tight stops recommended due to GBP volatility.
Confirmation: Validate with closing breaks beyond key levels.
Pro Tip: Combine Fibonacci retracements with candlestick patterns for high-conviction entries! 📉💹
Comments