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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.

Pound expecting elections

 Tatiana Norkina, FBS analyst

The upcoming elections in Britain are making traders stick to a cautious strategy on the GBP/USD currency pair. The two-day consolidation above the 51st figure ended in a victory of the bulls who confidently broke up through the downward Tenkan-sen line resistance yesterday. Trades have moved inside the Tenkan-Kijun channel, thus conditioning flat market in the medium term.

Obviously, the bulls might risk to test the Kijun-sen line level in the 1.5270/80 area in the near future, which will be followed by the resumption of trades inside the cloud.

Technical levels: support – 1.5100, 1.5150; resistance – 1.5280, 1.5300.

Trade recommendations: outside the market.

GBP
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