Cable (GBPUSD) update - 26 March 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 - the 80 day cycle has likely peaked.
We last wrote on Cable on 18 February and were looking for a price expansion into the 40 day cycle peak around 1.284 (with a potential for an overshoot) in the second week of March. This panned out accurately with the only proviso being that we think that the peak is 80 day cycle magnitude now.
