GBPUSD InsightBritish Pound/US DollarFX:GBPUSDshawntime_academyHello to all our subscribers, Please share your personal opinions in the comments. We appreciate your boosts and subscriptions. Key Points - Eurozone retail sales in July, seasonally adjusted, fell 0.5% from the previous month, missing market expectations of -0.2%. - U.S. Department of Labor reported 237,000 initial jobless claims on a seasonally adjusted basis, higher than the market forecast of 230,000. - The ISM Services PMI for August came in at 52.0, beating market expectations of 51.0, marking three consecutive months of expansion and easing concerns over an economic slowdown. Major Economic Events This Week + September 5: U.S. August Nonfarm Payrolls, U.S. August Unemployment Rate GBPUSD Chart Analysis After briefly breaking below the 1.34000 line, the support level was breached, but it successfully rebounded near the 1.33000 line, showing that the upward momentum is still intact. A rise toward the 1.36000 level can be anticipated. Upon reaching that zone, we will observe price action and establish a new strategy accordingly.