💷 GBPUSD Daily Analysis Based on Key Levels – April 21, 2025

Current Market Price (DCMP): 🌐 1.33818

🔍 Critical Price Zones

Resistance (Above DCMP):

• R1: 1.34549 🛑 (Strong Ceiling)

• R2: 1.33269

• R3: 1.33103

Support (Below DCMP):

• S1: 1.33649 🟢 (Immediate Floor)

• S2: 1.32668

• S3: 1.32399

📊 Technical Snapshot

• Swing High: 1.30149

• Swing Low: 1.28710

Price consolidating near 3-week highs after breakout

• RSI: 58 (Bullish momentum but nearing overbought)

• MACD: Histogram flattening above zero line

• Fib Levels: 61.8% retracement at 1.33649 aligns with S1

💡 Intraday Trade Setups

1️⃣ Buy Setup

Entry: 1.33649 🟩

Stop Loss: 1.33300 🛑

Take Profit 1: 1.34549 ✅

Take Profit 2: 1.35000 ✅

Trigger: Bullish engulfing pattern at S1 with volume surge

2️⃣ Sell Setup

Entry: 1.34549 🟥

Stop Loss: 1.34800 🛑

Take Profit 1: 1.33649 ✅

Take Profit 2: 1.33269 ✅

Trigger: Bearish divergence on 4H RSI at R1

🎯 Conclusion

GBPUSD shows strength above 1.33649 but faces stern resistance at 1.34549. Trade setups favor buying pullbacks to S1 and selling rallies at R1. Watch BoE rhetoric for fundamental catalysts.