Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

GBP/USD: Ichimoku analysis (Mar. 21)

Tatiana Norkina, FBS analyst

Daily. The currency pair extended the corrective decline, falling to the lower boarder of the daily Cloud. As a result, 1.6535 support was broken. The short-term picture turned bearish: Tenkan and Kijun lines form a bearish cross. In the near term the pair may consolidate above the upper boarder of the Cloud and rebound towards the Tenkan line.

Chart. Daily GBP/USD

H4. The bears started to attack as cable fixed below the Cloud early in the week. As a result, Tenkan and Kijun lines formed a dead cross that will stay active on the next week. The Cloud is now bearish. The pair is to stay in the negative zone. 

Chart. H4 GBP/USD

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