GBPUSD - Support and resistance levels

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GBPUSD - Support and resistance levelsBritish Pound vs US DollarICMARKETS:GBPUSDTrade_Hive_SignalsGeneral technical background Bulls are weak: the pair is supported by an attempt to recover from the July decline - a signal for growth was weak employment growth in the US and further uncertainty in market sentiment. Current signals: Strong Buy on all major timeframes - 1M, Weekly, Daily and even 1 Min. Moving averages give 12 Buy and 0 Sell, technical indicators - 8 Buy, 1 Sell. Overall rating: Strong Buy. Support and resistance levels From the closing level of the July candle (1.3203), an upward movement to 1.3539 (14.6% level) is expected - the main scenario. Alternative: a move higher to 1.3789, with a subsequent rollback to 1.3591. Key levels broken: The pair has returned above the resistance zone of 1.36158-1.36330, strengthening the bullish sentiment. The immediate target is 1.36477 (2025 high). A break above this will open the way to the heights from 2022. Support is held at 1.35804-1.35919. Positioning around the level of 1.350 and the 50-day EMA: After an attempt to rise, GBP/USD is testing the level of 1.35 and the 50-day EMA. A head and shoulders pattern may form. A break of the level of 1.36 may give a strong rise.