🎌 GBPJPY Daily Analysis Based on Main Key Levels - [14 April 2025]

Daily Current Market Price (DCMP): 188.339

Swing Context: Trading below daily swing high (193.060) with recent swing low at 188.800

🔑 Immediate Price Zones

Support Below DCMP:

🛡️ 188.164 | 187.329 | 186.495

Resistance Above DCMP:

⛔ 188.679 | 189.513 | 193.132

📊 Technical Configuration

• Fibonacci Framework: Price tests 61.8% retracement (188.164) of 188.800-193.060 range

• RSI Dynamics: Bearish divergence at 47.3 (price highs vs lower highs)

• MACD Signal: Neutral crossover imminent (-0.18 → -0.15 histogram)

💼 Trade Setups

🟢 Intraday Buy Configuration

🎯 Entry: 188.164 (38.2% Fib + liquidity pool confluence)

🛑 Stop Loss: 187.850 (-31.4 pips)

🎯 TP1: 188.500 (+33.6 pips)

🎯 TP2: 188.900 (+73.6 pips)

Rationale: BOJ intervention risks amplify at 188.00-188.20 zone with CME futures showing net long positioning.

🔴 Intraday Sell Configuration

🎯 Entry: 188.679 (78.6% Fib extension cluster)

🛑 Stop Loss: 189.000 (+32.1 pips)

🎯 TP1: 188.300 (-37.9 pips)

🎯 TP2: 187.950 (-72.9 pips)

Rationale: Bank of England policy uncertainty creates selling pressure above 188.60 resistance.

⚠️ Risk Management

Maintain 1:2.3 risk-reward ratio. Monitor Tokyo session open (23:00 GMT) for yen volatility spikes.