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: punching the cloud

 Tatiana Norkina, an analyst at FBS

Consolidation that took place in the second half of the week in a four-hour Ichimoku cloud seems to be coming to an end. With the support of Tenkan and Kijun in the 57th figure, bulls went on the offensive and attacked the cloud top today. Obviously, breakdown of this level and transition into the positive zone are possible soon. Note that the cloud's nature has changed to bullish. Golden Cross, formed by Tenkan and Kijun, remains active.

Line oscillators are also growing, which gives a reason to believe in retention of a positive trend for this pair.

Technical levels: support - 1.5630; resistance - 1.5700, 1.5740 / 65.

Trading recommendations:

1. Buy - 1.5730 / 40; SL - 1.5610; TP1 - 1.5765; TP2 - 1.5800.

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