GBPUSD: Hurst Cycles - 22nd September 2022

Ahead of the Bank of England rate decision today we look at the imminent low of at least 20 week magnitude in cable. This report is our first on Sigma-L for GBPUSD as we track a historic decline

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend

Analysis Summary

In our first report into GBPUSD below we examine the shorter term phasing in addition to acknowledging the ominous looking long term phasing. The longer term is a possible rare insight into the existence of the fabled Kondratiev wave, the last trough of which occurred in 1985.