GBPUSD Intraday Analysis 02/13/2025
Satheesh Gobi
2/13/20252 min read
Technical analysis
1. Overview of Momentum and Market Structure
Current Momentum: Bullish.
Previous Day's Performance: Bullish.
Range: 1.2374 – 1.2483
Expectations: Anticipating a bullish continuation within the range, targeting higher liquidity levels.
Trading Plan
Bullish Bias
Strategy:
Watch for price reactions at the following support zones for potential long entries:
1.2434 (H1 Liquidity)
1.2404 (H1 Order Block)
Targets:
Primary targets: 1.2483 (Extreme Liquidity).
Extended targets: 1.2491 (Daily Liquidity), 1.2549 (Daily Liquidity).
For Shorts
Strategy:
Monitor price action at the following resistance levels for potential reversals:
1.2491 (Daily Liquidity)
1.2549 (Daily Liquidity)
Confirmation:
Look for reversal patterns such as bearish engulfing candles or order block formations before entering short positions.
Targets:
Primary Target: 1.2434 (H1 Liquidity), 1.2404 (H1 Order Block).
Extended Target: 1.2374 (Extreme Liquidity), 1.2332 (H4 Liquidity).
Summary
The bias remains bullish within the 1.2374 – 1.2483 range.
Long entries are favorable around 1.2434 – 1.2404, with confirmation from price action.
Short opportunities may arise near or above 1.2491 – 1.2549 if signs of exhaustion emerge.
Use your strict money management rules to manage risks effectively.