GBPUSD Daily Analysis Based on Main Key Levels – 28 April 2025

Daily Current Market Price (DCMP): 1.33142 💹

• Swing High (Daily/4H): 1.32077 | Swing Low (Daily/4H): 1.27081

Critical Price Zones

Above DCMP (Resistance)

• R1: 1.33353 🚩 | R2: 1.33514 🚩 | R3: 1.33775 🚩

Below DCMP (Support)

• S1: 1.32831 🛡️ | S2: 1.32670 🛡️ | S3: 1.32409 🛡️

Technical Landscape

• Fibonacci Confluence: Strong support cluster at 1.32409–1.32670 (61.8% retracement zone from recent swing low).

• RSI (14): Bullish divergence forming at 54.6 on 4H chart.

• MACD: Bearish crossover fading, suggesting momentum shift.

Intraday Trade Setups

Buy Opportunity 🟢

• Entry: 1.32505 (Fib-aligned support)

• Stop Loss: 1.31329 🔴

• Take Profit 1: 1.33092 🟡

• Take Profit 2: 1.33231 💹

Rationale: Price tests multi-session support with RSI divergence. Upside targets align with pivot convergence zone.

Sell Opportunity 🔴

• Entry: 1.33231 (pivot-turned-resistance)

• Stop Loss: 1.33958 🔴

• Take Profit 1: 1.32831 🟡

• Take Profit 2: 1.32670 🛡️

Rationale: Rejection at swing pivot resistance aligns with overbought conditions. Downside targets Fib support cluster.

Market Outlook

GBPUSD consolidates near 1.33142 with three decisive scenarios:

1. Bullish Breakout: Sustained close above 1.33775 (R3) opens path to 1.34407 resistance.

2. Bearish Reversal: Breakdown below 1.32409 (S3) risks plunge to 1.31329 support.

3. Range Play: Choppy action between 1.32670–1.33514 likely ahead of BoE policy clues.

⚡ Key Catalyst: UK retail sales data at 08:00 UTC may drive GBP volatility – monitor price-action reactivity.