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 recommendation for GBP/USD

    By Tatiana Norkina, FBS analyst

British currency remains under intense pressure amid concerns over the independence of Scotland referendum. Today’s auction began with a significant gap down to $1.6170. However, even after such gap the currency pair continues renewing minimums falling to the area of ​​$1.6145.

Ichimoku indicator. On both timeframes the situation remains unchanged: the Clouds are bearish and there are active Dead Crosses.

It’s also worth noting that the lines are directed straight down, which once again proves the strength ofthe bears.

The only thing thatcan keepthe pairfroma further quick fall is the fact that it’s oversold. At the same time, the next strongest level of support is located only at the level of $1.6070.

Technical levels: support - 1.6070, 1.6150; resistance - 1.6220, 1.6250.

Trading recommendations:

1. Sell - 1.6220; SL - 1.6240; TP1 - 1.6070.

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