💹🔥 GBPUSD 4th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

1.26925

Market Context:

Trading above support at 1.26702

Facing resistance at 1.26975

🎯 Critical Technical Levels

Resistance (Sell Zones):

🔥 1.26975 (Immediate Barrier) | 🔥 1.27417 (Upper Boundary)

Support (Buy Zones):

🛡️ 1.26702 (Key Floor) | 🛡️ 1.25817 (Strong Base)

Swing Levels:

Recent Swing High: 1.25502

Recent Swing Low: 1.25594

🔍 Technical Drivers

Price-Fibonacci Alignment:

50% Retracement anchors at 1.26702 support

61.8% Extension converges with 1.26975 resistance

Momentum Indicators:

RSI: Neutral at 48 (no divergence detected)

MACD: Flatlined near zero, signaling indecision

💡 Intraday Trade Opportunities

1️⃣ Buy Setup: Support Bounce Strategy

Entry: 🎯 1.26702 (Fib 50% + Order Block Confluence)

Stop Loss: 🚫 1.25817 (Below Major Support)

Profit Targets:

✅ TP1: 1.27238 (Near-Term Resistance)

✅ TP2: 1.27574 (Liquidity Zone)

2️⃣ Sell Setup: Resistance Rejection Play

Entry: 🎯 1.26975 (Fib 61.8% + Weekly Pivot)

Stop Loss: 🚫 1.27417 (Above Key Resistance)

Profit Targets:

✅ TP1: 1.26150 (Immediate Support)

✅ TP2: 1.25814 (Downside Target)

📉 Market Sentiment Insight

Price oscillates between 1.26702-1.26975. Sustained break above 1.26975 could target 1.27417, while failure at 1.26702 risks decline toward 1.25817.

⚠️ Risk Advisory

BoE Policy Watch: Monitor rate decision impacts (March 4)

Position Sizing: Limit risk to 1.2% per trade

Confirmation Rule: Wait for 4H candle close beyond entry levels

Key Trigger: MACD crossover confirmation for trade execution.