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 attempting to grow

 Tatiana Norkina, FBS analyst

The GBP/USD currency pair found support at 1.5560 yesterday. It is here that a powerful level has been formed by the Ichimoku cloud upper border on the four-hour timeframe. Supported by the positive cloud, the bulls took it as a signal for purchases, making the pair finally break through the notorious 1.5650 resistance. The daily high was set at 1.5716 but then the market returned to the 1.5650 mark to test the Kijun-sen line support.

Obviously, the bullish sentiment might increase in the near future. The goal for purchases may be the 1.5780/90 mark.

Technical levels: support – 1.5650; resistance – 1.5730, 1.5780.

Trade recommendations:

1. Buy — 1.5670; SL — 1.5650; TP1 — 1.5730; TP2 — 1.5780.

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