💹 GBPJPY Daily Analysis Based on Main Key Levels – April 1, 2025

Daily Current Market Price (DCMP): 193.464

Market Context: Trading above immediate support at 193.002 / below resistance cluster at 194.268-194.752

🔑 Critical Price Architecture

Demand Zones:

✅ Structural Support: 192.126-193.002 (Fib 61.8% Retracement Zone)

⚠️ Breakdown Threshold: 190.853 (4H Swing Low Anchor)

Supply Barriers:

⛔️ Upper Resistance: 194.268-194.752 (Multi-Timeframe Supply Confluence)

🚀 Bullish Catalyst: 193.060 (Daily Swing High)

Swing Reference:

🔺 Swing High: 193.060 (Daily Chart Peak)

🔻 Swing Low: 188.800 (4H Chart Trough)

📊 Technical Configuration

Fibonacci Framework:

38.2% Retracement at 193.486 aligns with liquidity pool

61.8% Extension at 194.268 matches historical resistance

Momentum Dynamics:

⚡ RSI: Neutral at 49 with bullish divergence on 4H chart

📉 MACD: Bearish crossover confirmed below signal line

💡 Tactical Trade Blueprint

🎯 Intraday Buy Setup

Entry: 192.912 (Demand Zone & Fib 61.8% Convergence)

🛑 Stop Loss: 192.126 (Below Structural Support)

🎯 Take Profit 1: 193.464 (DCMP Retest)

🎯 Take Profit 2: 194.184 (Lower Resistance Band)

Rationale: Reversion play at deep Fib support with RSI showing bullish divergence.

🎯 Intraday Sell Setup

Entry: 194.184 (Resistance Zone & Fib 38.2% Retracement)

🛑 Stop Loss: 194.752 (Above Supply Cluster)

🎯 Take Profit 1: 193.486 (Immediate Support)

🎯 Take Profit 2: 192.912 (Structural Demand Zone)

Rationale: Bearish rejection likely at resistance with MACD confirming downside momentum.

📍 Strategic Outlook

Price consolidates between 193.002 (Fib 61.8%) and 194.268 (lower resistance). Sustained break above 194.752 opens path to 197.515. Downside risk escalates below 192.126 with 190.853 as next bearish target.

Risk Alert: Monitor BoJ policy statements for JPY volatility triggers. 💥