💷 GBPUSD Daily Analysis Based on Main Key Levels – March 28, 2025

Current Market Price (CMP): 1.29427

🔑 Immediate Price Zones

Above CMP (Resistance/Sell):

Key Resistance: 1.29884 🔴 (Weekly Pivot)

Swing High: 1.29112

Below CMP (Support/Buy):

Critical Support: 1.29399 🟢 (Weekly Pivot)

Swing Low: 1.25502

📊 Technical Confluence

Fib Levels:

61.8% Retracement: 1.29884 (aligns with resistance cluster)

38.2% Support: 1.29399 (converges with 4H swing reactions)

Momentum Tools:

RSI: Neutral at 49 (no divergence detected)

MACD: Bearish histogram fading below zero line

Swing Context:

Daily Swing High: 1.29112 | 4H Swing High: 1.30124

Daily Swing Low: 1.25502 | 4H Swing Low: 1.28163

⚡ Trade Setups

Intraday Buy Idea

Entry: 1.29399 ⚡ (Weekly Support)

Stop Loss: 1.28914 🚫 (Next Support)

Take Profit 1: 1.29427 ✅ (CMP Reclaim)

Take Profit 2: 1.29884 🎯 (Resistance Test)

Rationale: Price tests Fib 38.2% support at 1.29399. Bullish reversal likely if MACD regains momentum above 4H swing low (1.28163).

Intraday Sell Idea

Entry: 1.29884 ⚡ (Weekly Resistance)

Stop Loss: 1.30184 🚫 (Stronger Resistance)

Take Profit 1: 1.29427 ✅ (CMP Retest)

Take Profit 2: 1.29399 🎯 (Support Breakdown)

Rationale: Resistance at 1.29884 aligns with Fib 61.8% retracement. Bearish momentum expected if RSI stalls below 50.

🌐 Strategic Outlook

Bullish Trigger: Sustained close above 1.29884 opens path to 1.30124 (4H swing high).

Bearish Risk: Breakdown below 1.29399 may trigger decline toward 1.28914.

🔍 Key Observations

1.29884: Fib-resistance confluence with weekly pivot rejection zone

1.29399: High-volume reaction level from past 48 hours

1:3 risk-reward ratio enhances viability in both trades