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: Bears eased the pressure

 Tatiana Norkina, FBS analyst 

Currency pair rebounded from recent lows and became adjusted. During yesterday's trading buyers who reduced prices with the support of Tenkan and Kijun in 1.5070/80 were active. As a result,  trades have moved to the area of cloudiness, securing sideways market conditions. Under these conditions, trade in this pair will be quite risky, but you can try to be on the side of the bulls to the upper limit of the four-hour Ichimoku cloud.

Technical levels: support - 1.5140, 1.5070 / 80; resistance - 1.5270.

Trading recommendations:

1. Buy - 1.5140; SL - 1.5120; TP1 - 1.5250; TP2 - 1.5270.


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