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

Yesterday the pair spent the day inside of the hourly Cloud, in the 1.6850-1.6880 range.

Ichimoku. The market is now developping a sideways range. The main H4 trend is bearish, but the hourly Ichimoku is narrowing to the upside, while Tenkan and Kijun lines are forming golden crosses. 

At the same time, the 1.6880 resistance remains intact. What's more, there is a strong resistance in the 1.6900/1.6905 area. For this reason, in the near term we recommend selling GBP/USD. 

Technical levels: support – 1.6775, 1.6805, 1.6850; resistance – 1.6880, 1.6905.

Trade recommendation:

1. Sell — 1.6880; SL — 1.6905; TP1 — 1.6805; TP2 — 1.6775.

Scroll to top