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 pretty worn out

 Tatiana Norkina, FBS analyst

After Friday's crash under the four-hour Ichimoku cloud, the British currency is trading meekly at the beginning of the new week. The GBP/USD pair is holding under the 55th figure: the bulls are in no hurry to correct the rate. The bearish sentiment is obvious to remain further in the market as the dead cross formed by the Tenkan-sen and Kijun-sen lines has begun strengthening. The Ichimoku cloud is also expanding downwards. The downtrend progression is possible in the near future.

Technical levels: support – 1.5440; resistance – 1.5500.

Trade recommendations:

1. Sell — 1.5500; SL — 1.5520; TP1 — 1.5480; TP2 — 1.5390.

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