💹 GBPUSD 5th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.27944 🔄

GBPUSD trades above immediate support (1.27750) and below critical resistance (1.28791).

🔑 Key Technical Levels

🛑 Resistance Zones (Sell Zones)

R3: 1.28791 🚨 (Major resistance)

R2: 1.28328 🔻 (Secondary resistance)

R1: 1.28042 ⚠️ (Short-term resistance)

🟢 Support Zones (Buy Zones)

S1: 1.27750 📌 (Critical support)

S2: 1.27117 🔼 (Secondary support)

S3: 1.26369 🛡️ (Long-term floor)

Swing High: 1.25594 | Swing Low: 1.25502

📊 Technical Indicators

RSI: Neutral at 49 (no divergence observed).

MACD: Bearish crossover forming near 1.28042 resistance.

Fibonacci Levels: 38.2% retracement aligns with S1 (1.27750), indicating a potential reversal zone.

💡 Trade Setups

🔴 Intraday Sell Setup

Entry: 1.27750 📍 (Key support-turned-resistance)

Stop Loss: 1.28328 🚫 (Above R2)

Take Profit 1: 1.27117 🎯 (Secondary support)

Take Profit 2: 1.26369 🚀 (Long-term floor)

Rationale: Breakdown below 1.27750 support could trigger bearish momentum, reinforced by MACD crossover and RSI neutrality.

📉 Market Outlook

GBPUSD faces bearish pressure below 1.28042, with a sustained break below 1.27750 likely accelerating declines toward 1.27117. A reversal above 1.28042 could invalidate the bearish bias, targeting 1.28328.

🔔 Watch: Price action around DCMP (1.27944) for intraday directional confirmation.

📌 Summary

Key Supports: 1.27750 → 1.27117 → 1.26369

Key Resistances: 1.28042 → 1.28328 → 1.28791

Swing Levels: High at 1.25594 | Low at 1.25502

Price Bias: Neutral-to-bearish below 1.28042.

Trade with disciplined risk-reward ratios! 💼⚡