💷 GBPUSD 3rd March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

1.26006

Support Below | Resistance Above

🔑 Critical Price Zones

Support (Below 1.26006):

✅ 1.25584 (Immediate Demand Zone)

✅ 1.25215 (Mid-Term Support)

✅ 1.24616 (Structural Floor)

Resistance (Above 1.26006):

⛔️ 1.26183 (Key Supply Cluster)

⛔️ 1.26782 (Swing High Barrier)

⛔️ 1.27750 (Upper Psychological Cap)

Swing Levels:

↗️ Swing High: 1.27750

↘️ Swing Low: 1.24616

📉📈 Technical Snapshot

Fibonacci Framework:

Price consolidates between 1.24616 (61.8% retracement) and 1.27750 (38.2% extension)

RSI: 48 (Neutral Bias) – Bearish divergence forming on 4H charts

MACD: Histogram trending downward → Bearish momentum building

💡 Intraday Trade Setups

🟢 Intraday Buy Trade Idea

📍 Entry: 1.25584 (Critical Fibonacci Support)

🛑 Stop Loss: 1.25215 (-37 pips)

🎯 Take Profit 1: 1.26006 (+42 pips)

🎯 Take Profit 2: 1.26183 (+60 pips)

Trigger: Bullish pin bar + MACD baseline crossover

🔴 Intraday Sell Trade Idea

📍 Entry: 1.26183 (Confluence Resistance)

🛑 Stop Loss: 1.26782 (+60 pips)

🎯 Take Profit 1: 1.25584 (-60 pips)

🎯 Take Profit 2: 1.25215 (-97 pips)

Trigger: Bearish rejection at 200EMA + RSI reversal from 52

🧠 Key Market Drivers

Technical Confluence: 100EMA at 1.25870 acting as dynamic pivot

Fundamental Catalyst: BoE interest rate decision volatility

Volatility Signal: 4H Bollinger Band contraction at 0.7% width

📌 Analyst Notes

Breakout Watch: Close above 1.26183 may trigger short squeeze toward 1.26782

Risk Zone: 1.24616-1.25215 range critical for bearish continuation

Time Sensitivity: US NFP data due Friday – reduce leverage pre-event

Disclaimer: Technical patterns reflect current liquidity conditions. Confirm with volume spikes. 💹🔍