GBPUSD Pattern Recalls 1976 Crisis

by Ashraf Laidi

Aug 21, 2014 16:19

This week, GBPUSD will post its 7th straight weekly decline, which would be the longest losing streak since summer 2008, when Bank of England intensified its easing campaign. If GBPUSD also falls again next week, it will be the EIGHTH consecutive decline, something not seen since the 1976 sterling crisis.

Click To Enlarge

Latest IMTs

• JPY Soars & Oil Drops
  by Ashraf Laidi | Apr 30, 2026 12:49
• Gold, Silver & the Fed
  by Ashraf Laidi | Apr 29, 2026 14:45
• Have Stocks Peaked?
  by Ashraf Laidi | Apr 27, 2026 14:47
• Missing the Silver Target
  by Ashraf Laidi | Apr 23, 2026 9:46
• Hedging your Margined Account
  by Ashraf Laidi | Apr 21, 2026 15:35