Yesterday the GBP/USD pair slightly strengthened and showed choppy dynamics due to a large number of important macroeconomic publications.
The pair was pressured by poor data from the UK, where the Markit Manufacturing PMI for November fell from 55.2 to 52.7 points, which came out worse than forecasts, and the Markit Manufacturing PMI from the US that grew from 52.6 to 52.8 points.
At the same time, the pair was supported after the publication on the ISM Manufacturing PMI came out in the US that declined from 50.1 to 48.6 points.
Bollinger Bands on the daily chart is moving down while the price range remains unchanged. At the same time, the indicator has formed a signal for correctional growth. MACD is slowly turning up forming a buy signal. Stochastic is growing and also giving a buy signal.
The Indicators recommend considering long positions.
Support levels: 1.5053 (local low), 1.5026 (6 November low), 1.5000 (psychologically important level).
Resistance levels: 1.5085 (local high), 1.5125 (yesterday high), 1.5154, 1.5200, 1.5264, 1.5300, 1.5335 (19 November high).