GBPUSD: Hurst Cycles - 14th November 2022
Sterling moves up from a low of at least 40 week magnitude in late September. The first 80 day nominal peak of this larger component is now due, we look at the current position and outlook for price
Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend
Phasing Analysis
Sentient Trader
Utilising a pattern recognition algorithm and Hurst’s diamond notation.
Time Frequency Analysis
Wavelet convolution targeting the 80 day nominal component
Analysis Summary
Price moved up in …