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: trade recomendation for GBP/USD

      Tatyana Norkina, FBS analyst

The exchange rate keeps on falling, but for now remains supported by the 1.6775-1.6800 area.

Ichimoku. The indicator is strongly bearish both on the H1 and H4 chart. The clouds are descending with the active dead crosses, formed by Tenkan and Kijun sen. The short-term view on the pair is clearly bearish.

If the 1.6800 support holds, price will recover to 1.6850.

Technical levels: support – 1.6775, 1.6805; resistance – 1.6850, 1.6880.

Trade recommendations:

1. Sell — 1.6850; SL — 1.6870; TP1 — 1.6800; TP2 — 1.6775.

2. Buy — 1.6775; SL — 1.6755; TP1 — 1.6850.

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