• GBP/USD declined towards 1.3821 levels in the early US session as the pound ran out of strength against US dollar after data showed U.S. jobless claims unexpectedly fell last week.
   
• However, short-term buying interest limited decline as the pair recovered some lost ground to trade around 1.3308 levels.
   
• Currently, the currency pair is trading around 1.3305 levels, it is set to advance further towards 1.3350 later towards 1.3400 levels in the short term.
   
• To the upside, the strong resistance can be seen at 1.3445, a break above this level would expose the cable to next resistance level at 1.3481.
   
• To the downside, immediate support can be seen at 1.3269 a break below at this level will open the door towards next level at 1.3174.
  
  Resistance Levels
  
  R1: 1.3369 (38.2% Retracement level)    
  
  R2: 1.3445 (Sep 6th high)               
  
  R3: 1.3481 (23.6% Retracement level)
  
  Support Levels
  
  S1: 1.3269 (50% Retracement level)                        
  
  S2: 1.3174 (61.8% Retracement level)
  
  S3: 1.3100 (Psychological levels)