320
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 at important level

 Tatiana Norkina, FBS analyst

As expected, the GBP/USD currency pair has been trading inside the four-hour Ichimoku cloud recently. The bearish sentiment of the market participants, increasing since the middle of the past week, somewhat subsided after the pair felt support in the 53rd figure area. Let us remind you that here a poweful level has been formed by the cloud's lower border - Senkou Span B.

So far, this level has been held quite firmly. But a break through it would mean a rapid slide of the market under the 52nd figure. The bears would act, relying on the dead cross and the negative Ichimoku cloud.

Technical levels: support – 1.5300; resistance – 1.5400.

Trade recommendations:

1. Sell — 1.5300; SL — 1.5320; TP1 — 1.5200; TP2 — 1.5170.

GBP
Scroll to top