📊 GBPUSD 27th January 2025 Daily Analysis Based on Main Key Levels

Current Market Overview

The current Daily Current Market Price (DCMP) for GBPUSD is 1.24580. This analysis highlights key resistance and support levels, along with actionable trade setups based on technical and fundamental analysis.

Key Levels Summary

Resistance Levels Above DCMP (1.24580)

🔺 Resistance 1: 1.25124

🔺 Resistance 2: 1.25931

🔺 Resistance 3: 1.27238

Support Levels Below DCMP (1.24580)

🟢 Support 1: 1.23816

🟢 Support 2: 1.22509

🟢 Support 3: 1.21702

Swing Levels

📊 Swing High: 1.28116

📊 Swing Low: 1.21600

Trade Setups

💼 Intraday Buy Trade Setup

Entry Price: ✨ 1.23816

Stop Loss: ❌ 1.23500

Take Profit 1: 🎯 1.24000

Take Profit 2: 🎯 1.24250

Reason for Entry:

The support level at 1.23816 is below the DCMP, establishing a strong buying zone. This level aligns with significant technical support, indicating potential for upward movement.

💼 Intraday Sell Trade Setup

Entry Price: ✨ 1.25124

Stop Loss: ❌ 1.25400

Take Profit 1: 🎯 1.24900

Take Profit 2: 🎯 1.24700

Reason for Entry:

The resistance level at 1.25124 is above the DCMP, indicating a strong selling zone. This level coincides with key technical resistance, suggesting potential for downward movement.

Analysis Summary

Resistance and Support Levels: Key levels derived from technical analysis indicate potential reversal zones. Resistance levels are identified at 1.25124, 1.25931, and 1.27238, while support levels are at 1.23816, 1.22509, and 1.21702.

Pivot Levels: The identified pivot level at 1.23816 serves as a critical point for potential price reversals.

Fibonacci Levels: The identified support and resistance zones highlight significant retracement and extension levels, providing potential entry points for trades.

RSI Divergence: RSI suggests potential overbought conditions at resistance levels and oversold conditions at support levels, confirming possible reversals.

MACD Crossing: MACD indicates bullish momentum at support levels and bearish momentum at resistance levels, providing additional confirmation for trade setups.

Conclusion

This analysis provides actionable trade setups and key levels to assist traders in making informed decisions in the GBPUSD market. With the current market price at 1.24580, traders can utilize the outlined resistance and support levels, along with technical indicators, to execute trades confidently.