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

 Tatyana Norkina, FBS analyst

The pair descended to a strong support at 1.5960, breaking through the 1.6035-1.6070 range. British currency will likely stay under pressure in the nearest future. 

Ichimoku. This could be confirmed on both timeframes. The Ichimoku Cloud is bearish: Clouds are widening to the downside, lines are also headed down. Next important level lies at 1.5935. However, the price may need a retest of 1.6000 in order to do that.

Technical levels: support – 1.5935, 1.5960; resistance – 1.6000.

Trade signal:

Sell— 1.6000; SL — 1.6020; TP1 — 1.5935.

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