💹 GBPJPY Daily Analysis Based on Main Key Levels – April 15, 2025

Current Market Price:

188.872

🗝️ Critical Price Zones

Below Price (Demand Cluster):

Immediate Support: 187.413 🔻

Strategic Floor: 185.529 ⚠️

Swing Low: 188.800 📉

Above Price (Supply Cluster):

First Resistance: 189.598 🔺

Key Barrier: 190.771 ⛔

Swing High: 193.060 📈

📊 Technical Drivers

1. Fibonacci Confluence

Bull Scenario: 187.413 aligns with 61.8% retracement of the rally from 185.529→193.060.

Bear Scenario: 189.598 matches 127% extension of the recent consolidation phase.

2. Momentum Indicators

RSI: Bearish divergence observed on 4H chart (price peaks vs. declining momentum).

MACD: Histogram flips negative near 189.151, signaling weakening bullish pressure.

💡 Intraday Trade Setups

Long Opportunity 🟢 (Intraday Buy)

Entry: 187.413 📍

Stop Loss: 185.529 🛑

Take Profit 1: 188.150 🎯

Take Profit 2: 189.151 🚀

Rationale:

Institutional liquidity pool detected at 187.413 (50% Fib zone).

Bullish pin bar formation confirmed on 1H timeframe.

Short Opportunity 🔴 (Intraday Sell)

Entry: 189.598 📍

Stop Loss: 190.771 🛑

Take Profit 1: 188.872 🎯

Take Profit 2: 187.148 🚀

Rationale:

Resistance confluence at 189.598–190.771 aligns with options-driven hedging activity.

Bearish volume surge during Tokyo session retests.

📉 Risk Management Protocol

Adjust stops to breakeven after TP1 achievement.

Monitor UK employment data (08:30 GMT) and BoJ policy signals for volatility triggers.

🔍 Market Perspective

GBPJPY consolidates between 187.413–189.598. Prioritize fade strategies at range extremes with 1:3 risk-reward ratios. A sustained close above 190.771 or below 185.529 would confirm directional bias.

🔑 Key Takeaways:

Decisive battle at 187.413–189.598 defines short-term trajectory

RSI divergence warns of potential trend exhaustion

Macro catalysts (UK inflation/BoJ interventions) may amplify moves