💷 GBPUSD Daily Analysis Based on Main Key Levels - [April 23, 2025]

Daily Current Market Price (DCMP): 1.33220

Market Position: Trading above immediate support at 1.33094 and below critical resistance at 1.33649

🔑 Critical Technical Levels

Resistance (Above DCMP)

🛑 1.33649 - Intraday sell trigger (Weekly pivot resistance)

🛑 1.34549 - Macro trendline resistance

🛑 1.33982 - Fib 1.618 extension zone

Support (Below DCMP)

🟢 1.33094 - High-probability buy zone (50% Fib retracement)

🟢 1.32625 - Liquidity cluster

🟢 1.32077 - Multi-week swing low

Swing Levels

↗️ Swing High: 1.32077 (Daily timeframe)

↙️ Swing Low: 1.27081 (4H timeframe)

💎 Intraday Trade Setups

Buy Opportunity

Entry: 1.33094 🎯

Stop Loss: 1.32077 🚫

Take Profit 1: 1.33649 ✅

Take Profit 2: 1.34214 ✅

Rationale:

• Confluence of weekly support & Fibonacci retracement

• Bullish RSI divergence forming on 4H chart

• MACD histogram showing reduced bearish momentum

Sell Opportunity

• Entry: 1.33649 🎯

• Stop Loss: 1.34589 🚫

• Take Profit 1: 1.33094 ✅

• Take Profit 2: 1.32625 ✅

Rationale:

• Resistance aligns with weekly pivot & descending channel

• Bearish order block visible on daily timeframe

• Declining trading volume above 1.33500

📊 Technical Landscape

• Fibonacci: 1.33094 marks 50% retracement of 1.27081-1.34549 swing

• RSI: Neutral at 48.6 with bullish divergence potential

• MACD: Signal line compression near zero axis

• Price Action: Ascending triangle pattern below 1.33649

🌐 Fundamental Catalyst

• Bank of England inflation report (23 April)

• US Durable Goods Orders data release

• Brexit-related trade agreement updates