GBPUSD Daily Analysis 02/19/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bullish

• Current Bias: Bullish
  Range: 1.2577 – 1.2639
  Expectations: Price is expected to rise towards liquidity zones before potential reversal

Trading Plan

Bullish Bias

Strategy:
Look for buy opportunities from key support and liquidity zones:

• 1.2592 (H1 Liquidity - Key Demand Zone & Potential Entry Point)

Primary Targets:

• 1.2639 (Extreme Liquidity - First Upside Target)

• 1.2665 (Extension - Major Liquidity Grab Zone)

• 1.2681 (Daily OB - Strong Supply Zone & Potential Reversal Area)

Strategy:
Look for sell opportunities at strong supply levels:

• 1.2681 (Daily OB - Major Resistance Zone)

• 1.2728 (Daily Liquidity - Strong Supply & Potential Reversal Zone)

Sell Targets:

• 1.2577 (Key Demand & Liquidity Zone)

• 1.2592 (H1 Liquidity - First Downside Target)

Summary

• Bullish bias remains valid above 1.2577, targeting 1.2639, 1.2665, and 1.2681.

• A clean break above 1.2639 (Extreme Liquidity) may accelerate buying pressure.

• Short setups become valid near 1.2681 and 1.2728 for potential pullbacks.

• Monitor price action at liquidity zones and FVGs for confirmation.