📊 GBPJPY Daily Analysis Based on Main Key Levels – 7 April 2025

Daily Current Market Price (DCMP): 187.654

Immediate framework:

Below DCMP: Support cluster (185.852–182.702)

Above DCMP: Resistance band (187.799–194.099)

🎯 Critical Zones

Support (Bullish Confluence)

✅ S1: 185.852 (Fib 61.8% retracement + 4H order block)

✅ S2: 182.702 (Multi-week liquidity zone)

Resistance (Bearish Triggers)

❌ R1: 187.799 (38.2% Fib extension + weekly pivot)

❌ R2: 190.949 (Descending trendline anchor)

Swing Levels:

🔺 Daily/4H Swing High: 193.060

🔻 Daily/4H Swing Low: 188.800

🔍 Technical Snapshot

Fib Framework: Price tests 187.799 (R1) as 38.2% extension; 185.852 (S1) aligns with 61.8% retracement

RSI: Neutral at 49 (no divergence detected)

MACD: Bearish crossover persists below signal line

💡 Trade Setups

1️⃣ Intraday Buy Trade

🎯 Entry: 🟢 185.852 (Confluence of Fib support & 4H bullish OB)

🛑 Stop Loss: 🔴 184.300 (-1.55%)

🎯 Take Profit 1: 🟡 186.995 (+0.62%)

🎯 Take Profit 2: 🟢 187.994 (+1.18%)

Catalyst: Hidden bullish divergence on hourly charts + BoJ policy uncertainty

2️⃣ Intraday Sell Trade

🎯 Entry: 🔴 187.799 (Weekly pivot resistance + Fib extension)

🛑 Stop Loss: 🟢 189.100 (+0.69%)

🎯 Take Profit 1: 🟡 186.995 (-0.43%)

🎯 Take Profit 2: 🔴 185.852 (-1.06%)

Catalyst: Bearish Engulfing pattern on 4H + UK retail sales data risk

⚠️ Risk Protocol

Position sizing: ≤1.2% account risk per trade

Key event: UK GDP data release (10 April)

🌐 Fundamental Drivers

BoE-BoJ Policy Spread: Widening yield differential pressures JPY

Risk Sentiment: Nikkei 225 volatility amplifies GBPJPY swings

Structural Highlights

✅ Critical Alignment:

185.852 support coincides with 4H bullish order block

187.799 resistance matches weekly pivot & Fib 38.2% extension

✅ Momentum Context:

Volume profile shows weak participation above 188.800

A/D line confirms distribution near swing high