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.

FBS: buy GBP/USD at 1.7130

By Tatyana Norkina, FBS

GBP/USD recovered by more than 130 pips yesterday, breaking above a bunch of resistance levels on the hourly and H4 chart.

Ichimoku. The bearish correction seems to be over: on the H4 chart the exchange rate has moved into the positive zone and is now trying to fix above the Cloud (1.7130). The H1 technical picture has also turned positive, what is likely to support buying interest. 

Technical levels: support – 1.7110, 1.7130; resistance – 1.7155, 1.7220.

Trade signal:

Buy — 1.7130; SL — 1.7110; TP1 — 1.7160; ТР2 – 1.7220 (limit order).

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