£ GBPUSD Daily Analysis Based on Main Key Levels - [14 April 2025]

Daily Current Market Price (DCMP): 1.31677

Price Context: Trading above swing low (1.28710) with recent swing high at 1.30149

🔑 Critical Technical Levels

Below DCMP (Support):

🛡️ 1.31350 | 1.30671 | 1.29992

Above DCMP (Resistance):

⛔ 1.31770 | 1.32449 | 1.34178

📊 Technical Configuration

• Fibonacci Framework: Price consolidates near 61.8% retracement (1.31350) of 1.28710-1.30149 swing

• RSI Pattern: Neutral at 49.8 with hidden bullish divergence developing

• MACD Signal: Histogram shows weak bearish momentum (-0.00018 → -0.00012)

💼 Trade Configurations

Intraday Buy Setup

🎯 Entry: 1.31350 (Confluence of weekly support & 78.6% Fib extension)

🛑 Stop Loss: 1.31100 (-25 pips)

🎯 TP1: 1.31600 (+25 pips)

🎯 TP2: 1.31850 (+50 pips)

Rationale: Strong institutional bid clusters at 1.31300-1.31400 zone with positive COT report positioning.

Intraday Sell Setup

🎯 Entry: 1.31770 (38.2% Fib retracement cluster)

🛑 Stop Loss: 1.32000 (+23 pips)

🎯 TP1: 1.31500 (-27 pips)

🎯 TP2: 1.31250 (-52 pips)

Rationale: Orderbook imbalance observed at 1.31750-1.31800 with bearish divergence in futures market depth.

⚠️ Risk Parameters

Maintain 1:2 risk-reward ratio. Monitor BOE inflation testimony (15 April) for Sterling volatility triggers.