⚡GBPUSD Daily Analysis Based on Main Key Levels - April 9, 2025

Daily Current Market Price (DCMP): 1.28576 🔍

Critical Price Framework 🔥

Above DCMP (Resistance)

1.29864 🟥 (Immediate Resistance)

1.30149 ⚠️ (Swing High Zone)

Below DCMP (Support)

1.28509 🟩 (Key Support)

1.27672 🛑 (Critical Floor)

Swing Levels

Swing High: 1.30149

Swing Low: 1.28710

Technical Confluence 🔍

Fibonacci & Price Alignment

1.28509 Support: 61.8% Fib retracement of March rally + Institutional liquidity cluster

1.29864 Resistance: 38.2% Fib extension + Options expiry gamma zone

Momentum Indicators

RSI: 52.1 (Neutral with hidden bearish divergence on 4H chart)

MACD: Bullish histogram contraction on daily timeframe

Intraday Trade Setups ⚡

🟢 Intraday Buy Trade Idea

Entry: 1.28509 🟩 (Strong Support Zone)

Stop Loss: 1.27672 🛑 (-83.7 pips)

Take Profit 1: 1.28576 🎯 (+6.7 pips)

Take Profit 2: 1.29864 🚀 (+135.5 pips)

Rationale: Fib support aligns with order block and bullish institutional footprint.

🔴 Intraday Sell Trade Idea

Entry: 1.29864 🟥 (Key Resistance Cluster)

Stop Loss: 1.30149 ⚠️ (+28.5 pips)

Take Profit 1: 1.28509 📉 (-135.5 pips)

Take Profit 2: 1.27672 🛑 (-219.2 pips)

Rationale: Fib extension coincides with liquidity pool and bearish rejection pattern.

Key Technical Drivers 🛠️

Resistance Band: 1.29864–1.30149 (Fib extension + historical liquidation zone)

Support Zone: 1.28509–1.27672 (Central bank intervention threshold)

Catalyst: UK GDP data release (9:00 AM GMT)

Risk Management Protocol ⚠️

Position sizing ≤0.2% per trade (volatility-adjusted)

Trailing stops activated at 1:1.5 risk-reward ratio

Avoid trading during US/EU data overlap (1:00-3:00 PM GMT)