GBPUSD (Cable) - 14 January 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 - approaching a 40 week cycle nest of lows, due this month.
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Cable has been in freefall, but we are closing in on a 40 week cycle nest of lows which is due between now and month end.