Cable (GBPUSD) - 18 February 2025

Macro Outlook Feb 18, 2025

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

Cable - pushing higher for a 40 day cycle peak.

Tactically Cable is reaching higher towards the 40 day cycle peak. The 40 day FLD cross on 5 February targets a neutral 1.284 expected in the second week of March.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.