📊 GBPUSD 30th December 2024 Daily Analysis Based on Main Key Levels

In this blog post, we provide a comprehensive analysis of the GBPUSD currency pair as of December 30, 2024. This analysis is essential for traders looking to make informed decisions based on current market conditions.

📍 Daily Current Market Price (DCMP)

The current market price for GBPUSD is 1.25803. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 1.25920

Resistance 2: 1.26136

Resistance 3: 1.26486

✅ Support (Below DCMP)

Support 1: 1.25570

Support 2: 1.25220

Support 3: 1.25004

📉 Swing Levels

Swing High: 1.28116

Swing Low: 1.24748

Summary of Analysis

As of the current market price of 1.25803, key resistance levels above this price include 1.25920, 1.26136, and 1.26486. The support levels below this price are 1.25570, 1.25220, and 1.25004. Additionally, the swing high is at 1.28116, and the swing low is at 1.24748.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 1.25570

Stop Loss: ❌ 1.25220

Take Profit 1: 🎯 1.25803

Take Profit 2: 🎯 1.25920

📌 Reason for Entry

The price is approaching a key support level at 1.25570, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 1.25920

Stop Loss: ❌ 1.26136

Take Profit 1: 🎯 1.25803

Take Profit 2: 🎯 1.26486

📌 Reason for Entry

Resistance at 1.25920 suggests a potential selling opportunity, with targets set below this level.

Conclusion

This analysis provides a concise overview of key levels and trade opportunities for GBPUSD. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading!