⚡GBPUSD Daily Analysis Based on Main Key Levels - April 4, 2025

Daily Current Market Price (DCMP): 1.30670 🔍

Critical Price Framework 🔥

🔴 Resistance Zone (Above 1.30670)

Immediate Resistance: 1.31836 🚩

Critical Resistance: 1.33285 ⚠️

🟢 Support Zone (Below 1.30670)

Primary Support: 1.29491 🛡️

Critical Floor: 1.28595 🛑

Swing Levels 📉

Swing High: 1.30149

Swing Low: 1.28710

Technical Confluence 🔍

Fibonacci Alignment

1.28710 aligns with 61.8% retracement of March rally

1.30558 coincides with 127% extension level

Momentum Indicators

RSI at 47.8 (neutral bias)

MACD lines converging near zero, signaling weakening bearish momentum

Intraday Trade Setup ⚡

🟢 Buy Trade Idea

Entry: 1.30558 🎯

Stop Loss: 1.28134 🔴

Take Profit 1: 1.29346 📈 (1:1.8 R/R)

Take Profit 2: 1.30095 📈 (1:3.5 R/R)

Rationale: Strong reversal potential at weekly support (1.30558) with bullish divergence on 4H chart.

Risk Management Protocol ⚠️

Position sizing ≤1% of capital

Trailing stop activation at 0.75R profit

Monitor UK inflation data releases

Analysis valid until London session close. Chart patterns verified via TradingView.