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 growing after election

 Tatiana Norkina, FBS analyst

Full of optimism, the pound bulls keep driving the GBP/USD currency pair upwards. Within the past two days, the pair has grown to the 57th figure, up to the December 2014 levels.

The situation on the four-hour timeframe is extremely bullish: the Ichimoku cloud is expanding upwards, the Kijun-sen and Tenkan-sen lines have again formed the golden cross.

However, the pair's rapid growth might be dampened by the market overboughtness: the Chinkou Span line is in the corresponding area. Consequently, new purchases can be made only after the prices have completely corrected to the Tenkan or Kijun lines levels.

Technical levels: support – 1.5630, 1.5550; resistance – 1.5740, 1.5790.

Trade recommendations:

1. Buy — 1.5630; SL — 1.5610; TP1 — 1.5740; TP2 — 1.5790.


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