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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.

GBP/USD: weekly Ichimoku analysis

  Tatyana Norkina, FBS

Daily. The pair is now consolidating within the 1.7100-1.7200 range. Bulls tried to push higher last week, but the overbought market conditions hindered them to do that. The price has finally dropped into the Tenkan-Kijun channel. Next support is seen at 1.7000. However, the indicator itself is now looking bullish: active golden cross, bullish cloud.

Chart. Daily GBP/USD

H4. The H4 trend is disturbing. The pair returned into the Cloud and is going to fix here. Tenkan and Kijun lines formed a dead cross that is supportive for the bears. Next support lies at 1.7050.

Chart. H4 GBP/USD

GBP
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