💷 GBPUSD Daily Analysis Based on Main Key Levels – March 24, 2025

Daily Current Market Price (DCMP): 1.29444

Critical Price Zones 🔑

Above DCMP (Resistance/Sell Zones):

Immediate Resistance: 1.29884 🛑

Major Resistance: 1.30669 🔥

Below DCMP (Support/Buy Zones):

Immediate Support: 1.29399 🛡️

Major Support: 1.28914–1.28129 🟢

Swing Levels (Daily/4hr):

Swing High: 1.29112 📈

Swing Low: 1.25502 📉

Technical Framework 📊

RSI: Neutral at 52, hinting at consolidation.

MACD: Bearish crossover weakening near zero line.

Fibonacci: Strong confluence at 1.29399 (38.2% retracement) and 1.29884 (61.8% extension).

Institutional Trade Setups 💼

1️⃣ Intraday Buy Trade Idea 🟢

Entry: 1.29399 🎯

Stop Loss: 1.28914 🚫

Take Profit 1: 1.29884 ✅

Take Profit 2: 1.30184 ✅

Rationale: Fib 38.2% support aligns with bullish hammer candlestick pattern.

2️⃣ Intraday Sell Trade Idea 🔴

Entry: 1.29884 🎯

Stop Loss: 1.30184 🚫

Take Profit 1: 1.29399 ✅

Take Profit 2: 1.28914 ✅

Rationale: Resistance cluster near Fib 61.8% extension with bearish divergence.

Risk Management Protocol ⚠️

Risk ≤ 1% per trade using 2:1 reward ratio.

Avoid trading during BOE speech timings (10:00–12:00 GMT).

Monitor US dollar index (DXY) for correlated moves.

This analysis combines Fibonacci retracements, institutional liquidity zones, and price action signals. Confirm with real-time market depth before execution. 🚨