🔍 GBPUSD 30th January 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.24366

Key Levels:

Below DCMP: Support at 1.24090 (BUY Zone)

Above DCMP: Resistance at 1.24628 (SELL Zone)

📊 Key Technical Insights

Swing High: 1.28116 (Daily timeframe)

Swing Low: 1.21600 (Daily timeframe)

Pivot Levels:

Intraday Buy Zone: 1.23816 (Pivot Support)

Intraday Sell Zone: 1.25124 (Pivot Resistance)

Fibonacci Levels: Aligns with key support/resistance zones, reinforcing reversal probabilities.

RSI & MACD: RSI shows neutral momentum, while MACD hints at potential bullish crossover near support.

📈 Intraday Trade Setups

Intraday Buy Trade Idea

Entry Price: 🎯 1.23816 (Weekly Pivot Support)

Stop Loss: 🛑 1.22509 (Below Support1)

Take Profit 1: 🚀 1.24794 (Resistance2)

Take Profit 2: 🚀 1.25063 (Resistance3)

Rationale: Price aligns with weekly pivot support (1.23816), offering a high-probability bounce opportunity.

Intraday Sell Trade Idea

Entry Price: 🎯 1.25124 (Weekly Pivot Resistance)

Stop Loss: 🛑 1.25931 (Above Resistance2)

Take Profit 1: 🚀 1.24359 (Daily Pivot)

Take Profit 2: 🚀 1.24090 (Support1)

Rationale: Resistance at 1.25124 coincides with weekly pivot, creating a strong sell zone.

📉 Critical Support & Resistance Levels

Immediate Resistance: 1.24628 → 1.24794 → 1.25063

Immediate Support: 1.24090 → 1.23816 → 1.23655

💡 Final Analysis

GBPUSD trades neutrally near DCMP (1.24366), with bullish potential at 1.23816 and bearish triggers at 1.25124. Use strict stop losses to navigate volatility. Focus on pivot levels for high-confidence entries.