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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.

GBPUSD: Ichimoku analysis (May 23)

Tatiana Norkina, FBS analyst

Daily. This week the currency pair recovered its positions, approaching 1.6900. However, Tenkan and Kijun sen lines formed a dead cross. Despite the bullish character of the Cloud, we don't recommend buying the pair in the medium term.

 

Chart. Daily GBP/USD

H4. Bulls dominate the market these days: the pair recovered above the Cloud. The Cloud itself turned bullish – Senkou Span A is moving up. What's more, the golden cross (С) actualized. There is a chance for further growth, but we need to keep the strong 1.6915-1.6940 resistance in mind.

Chart. H4 GBP/USD

GBP
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