📊 GBPUSD Daily Analysis Based on Main Key Levels – 16th April 2025

Daily Current Market Price (DCMP): 🏷️ 1.32714

Price context: DCMP trades above immediate supports (1.31825–1.32161) but below critical resistances (1.33041–1.34178).

📉 Key Levels Breakdown

Resistance/Sell Zones (Above DCMP)

R1: 🚨 1.33041 (Fibonacci 61.8% Resistance)

R2: ⚡ 1.34178 (Swing High Confluence)

Support/Buy Zones (Below DCMP)

S1: 🛡️ 1.31825 (Dynamic Trendline Support)

S2: 🔄 1.31281 (Swing Low Anchor)

🔍 Technical Analysis Snapshot

Swing Levels:

Swing High: 1.30149 (4H/Daily Ceiling)

Swing Low: 1.28710 (4H/Daily Floor)

Fibonacci: 50% retracement at 1.32161 aligns with intraday consolidation.

RSI: Neutral at 49 (No divergence observed).

MACD: Bullish crossover emerging on 4H chart.

💡 Intraday Trade Setups

Buy Trade Idea

Entry: 🟢 1.32508 (Retest of Support Cluster)

Stop Loss: 🔴 1.31281 (-0.01227 | Below S2)

Take Profit 1: 🟡 1.33041 (+0.00533 | R1 Target)

Take Profit 2: 🟢 1.34178 (+0.0167 | R2 Breakout)

Sell Trade Idea

Entry: 🔴 1.34178 (Retest of Weekly Resistance)

Stop Loss: 🟢 1.35000 (+0.00822 | Above R2)

Take Profit 1: 🟡 1.32705 (-0.01473 | Mid-Term Support)

Take Profit 2: 🔴 1.31825 (-0.02353 | S1 Reversion)

📈 Critical Technical Drivers

Price Action: Close above 1.33041 (R1) confirms bullish momentum; breakdown below 1.31825 (S1) signals bearish continuation.

MACD Crossover: Rising histogram bars suggest bullish accumulation near support zones.

Fibonacci Alignment: 61.8% resistance at 1.33041 overlaps with swing high for high-probability reversal setups.