Part One of this series established that the HPA axis — the stress hormone system — is the command centre of the hormonal hierarchy. That cortisol, through the mechanism of pregnenolone steal, directly depletes the precursors from which sex hormones are made. And that a morning blood cortisol draw tells you almost nothing about the diurnal pattern that actually determines your hormonal health.

This post covers the two axes downstream of the HPA: the hypothalamic-pituitary-thyroid axis (HPT) and the hypothalamic-pituitary-gonadal axis (HPG). Both are less well understood than the HPA. Both are more commonly mistreated. And both have clinical stories that are significantly more interesting — and more consequential — than the standard conversation suggests.

The HPT Axis — Why Your Thyroid Test Is Probably Incomplete

The hypothalamic-pituitary-thyroid axis operates on the same architecture as the HPA: the hypothalamus releases thyrotropin-releasing hormone (TRH), which stimulates the pituitary to release thyroid-stimulating hormone (TSH), which stimulates the thyroid gland to produce thyroid hormones — primarily thyroxine, known as T4.

The standard thyroid test measures TSH. In isolation. And then reports "your thyroid is normal."

The problem is that T4 is not the active thyroid hormone. It is a precursor — a storage form that the body converts into the biologically active form, triiodothyronine (T3), in the peripheral tissues. Primarily in the liver, kidneys, gut wall, and muscles. The conversion requires a functional enzyme called deiodinase, adequate selenium as a cofactor, and a biological environment that is not chronically inflamed or stressed.

A normal TSH tells you that the pituitary is appropriately stimulating the thyroid gland. It tells you nothing about whether the T4 being produced is being converted efficiently to T3. It tells you nothing about whether the T3 reaching the cells is actually being used — or whether reverse T3, the inactive mirror image of T3 that competes for the same receptor sites, is blocking it.

A client with normal TSH, normal T4, low free T3, and elevated reverse T3 has significant thyroid dysfunction by any functional measure. Their cells are not receiving adequate thyroid hormone signal. Their metabolic rate is suppressed, their body temperature is low, their gut motility is slow, their cognitive function is impaired, their hair is thinning, their mood is flat. And they have been told their thyroid is normal.

What Blocks T4 to T3 Conversion

The T4 → T3 Conversion Blockers
Why normal T4 does not guarantee adequate T3
Chronic cortisol elevation
Cortisol directly inhibits the deiodinase enzymes responsible for T4 to T3 conversion. This is the primary mechanism by which chronic HPA axis activation produces functional hypothyroidism even when the thyroid gland itself is entirely healthy. You cannot fix the thyroid picture without first addressing the cortisol picture.
Selenium deficiency
Selenium is an essential cofactor for three deiodinase enzyme types. Selenium deficiency — extremely common in the UK due to depleted soil selenium levels — directly impairs T4 to T3 conversion and simultaneously reduces the antioxidant protection of thyroid tissue from the hydrogen peroxide generated during hormone synthesis.
Chronic inflammation
Elevated inflammatory cytokines — TNF-alpha, IL-6, IL-1beta — all suppress deiodinase activity. A client with gut dysbiosis, intestinal permeability, or chronic low-grade inflammation will frequently show impaired T4 to T3 conversion as a secondary consequence of the inflammatory load, not a primary thyroid problem.
Liver dysfunction
Approximately 60% of T4 to T3 conversion occurs in the liver. Hepatic congestion, fatty liver, or impaired phase I and II detoxification reduces conversion capacity directly. Elevated liver enzymes in the context of low free T3 is a clinically meaningful combination that standard thyroid testing cannot identify.
Gut dysbiosis
The gut wall contributes approximately 20% of peripheral T4 to T3 conversion via gut bacterial deiodinase activity. A dysbiotic microbiome — depleted of the bacterial species responsible for this conversion — directly reduces circulating T3. This is why gut health and thyroid health are clinically inseparable in a significant proportion of clients.
Caloric restriction
Significantly reduced caloric intake — including aggressive weight-loss dieting — suppresses T3 production as a metabolic adaptation to perceived scarcity. The body reduces metabolic rate to conserve resources. This is why aggressive calorie restriction frequently produces a plateau: the metabolism has adapted by reducing its thyroid hormone signal.

The clinical implication is that treating thyroid dysfunction without identifying which of these conversion blockers is operating — and addressing it — produces partial and temporary results. Supplementing with T4 (levothyroxine) when the conversion to T3 is blocked by cortisol or inflammation does not resolve the problem. It increases the substrate for a conversion that is still impaired.

"A TSH result tells you what the pituitary is asking the thyroid to do. It tells you nothing about whether the thyroid hormone produced is reaching the cells in its active form. These are completely different questions — and standard medicine routinely answers only the first while believing it has answered both."

The HPG Axis — Sex Hormones as a Downstream Luxury

The hypothalamic-pituitary-gonadal axis governs reproductive hormone production in both sexes. The hypothalamus releases gonadotropin-releasing hormone (GnRH), which stimulates the pituitary to release luteinising hormone (LH) and follicle-stimulating hormone (FSH), which stimulate the gonads — ovaries in women, testes in men — to produce oestrogen, progesterone, and testosterone respectively.

The word "luxury" in the section heading is deliberate and precise. From the perspective of biological survival, reproductive function is expendable in a way that metabolic function and immune function are not. An organism that cannot reproduce in the current season can reproduce in the next one, if it survives. An organism whose stress response fails does not get a next season. The HPG axis is therefore the first hormonal system the body down-regulates under sustained stress — and the last to recover when the stress resolves.

Oestrogen — The Three Pathways That Determine Everything

Oestrogen is not a single hormone. It is a family of hormones — primarily oestrone (E1), oestradiol (E2), and oestriol (E3) — that are produced, metabolised, and eliminated through a series of enzymatic steps. The pathway through which oestrogen is metabolised is as clinically important as the level of oestrogen produced.

The Three Oestrogen Metabolite Pathways
2-OH Oestrone
The protective pathway. Weakly oestrogenic, anti-proliferative. Associated with reduced breast cancer risk. Favoured by cruciferous vegetables, DIM, flaxseed, adequate fibre, and healthy methylation.
16α-OH Oestrone
The proliferative pathway. More strongly oestrogenic. Associated with heavier periods, fibrocystic breast tissue, and increased proliferation in hormone-sensitive tissue. Not inherently dangerous but warrants monitoring.
4-OH Oestrone
The genotoxic pathway. Can form DNA adducts — direct chemical bonds with DNA — and is associated with significantly elevated cancer risk. Elevated 4-OH is a serious clinical finding requiring immediate intervention.
What determines which pathway dominates: Methylation status is the primary determinant. The COMT enzyme — methylation-dependent — converts the 4-OH metabolite to a safer methylated form. If methylation is compromised (MTHFR polymorphism, B12 or folate deficiency, elevated homocysteine), the 4-OH pathway accumulates. This is one of the most important clinical connections between the methylation system and cancer risk — and it is measurable directly on the DUTCH Plus, which reports all three pathways simultaneously.

This is the oestrogen metabolism story that is almost never told in standard medical consultations and rarely addressed in conventional hormone replacement prescribing. A woman who is prescribed oestrogen — bioidentical or synthetic — without her oestrogen metabolism pathways having been mapped is taking a hormone intervention whose safety profile depends entirely on which pathway her body uses to clear it. If the 4-OH pathway is dominant, adding more oestrogen substrate into that system is adding fuel to a fire whose presence nobody has checked for.

The Oestrobolome — Where the Gut Comes Back In

The oestrobolome is the collection of gut bacteria responsible for metabolising oestrogen in the large intestine. Conjugated oestrogens arriving in the gut from the liver are processed by these bacteria — ideally eliminated in the stool. When the oestrobolome is disrupted — from dysbiosis, antibiotic use, or low-fibre diet — the enzyme beta-glucuronidase produced by dysbiotic bacteria cleaves the conjugated oestrogens, releasing them back into circulation for reabsorption.

This is one of the primary mechanisms of oestrogen dominance — not from overproduction, but from recirculation. The GI-MAP measures beta-glucuronidase directly. A client with oestrogen dominant symptoms and elevated beta-glucuronidase on GI-MAP has a gut dysbiosis problem driving a hormonal problem. The intervention is not oestrogen management. It is gut restoration.

Progesterone — The Most Commonly Deficient and Least Understood

Progesterone is the calming counterbalance to oestrogen's stimulating effects. It is produced primarily in the second half of the menstrual cycle by the corpus luteum after ovulation. Low progesterone — the most common hormonal finding in women presenting with mood instability, sleep disruption, anxiety, heavy periods, and PMS — is almost never caused by the ovaries failing to respond. It is almost always caused by one of three upstream problems:

Testosterone — The Lifestyle Hormone

Testosterone is produced in the testes in men and in the ovaries and adrenal glands in women. It is universally described as the hormone of drive, confidence, libido, and muscle mass — and universally managed, in conventional medicine, by either prescribing it (if deficient) or suppressing it (if elevated in women with PCOS). Neither approach addresses why testosterone is at the level it is.

Factor One
Chronic stress and cortisol
Cortisol and testosterone are physiologically antagonistic. Sustained cortisol elevation directly suppresses the Leydig cells in the testes that produce testosterone, and suppresses LH — the pituitary signal that drives testicular production. The man with low testosterone who is also chronically stressed has a primary stress hormone problem, not a primary testosterone problem.
Factor Two
Sleep deprivation
The majority of testosterone production occurs during deep sleep — specifically during the slow-wave sleep phase when growth hormone is also pulsed. Sleeping under six hours reduces testosterone by 10–15% after one week. Chronic poor sleep is one of the most reliable suppressors of testosterone in both men and women, and no testosterone replacement compensates for ongoing sleep deprivation.
Factor Three
Insulin resistance
In men, insulin resistance reduces sex hormone binding globulin (SHBG) — which paradoxically increases free testosterone initially, but the hyperinsulinaemia also suppresses LH and total testosterone production over time. In women with PCOS, insulin resistance drives LH excess, which stimulates ovarian androgen production — producing elevated testosterone alongside impaired progesterone and ovulation.
Factor Four
Zinc and aromatase
Zinc is required for testosterone synthesis and is an aromatase inhibitor — it reduces the conversion of testosterone to oestrogen. Low zinc, combined with elevated aromatase activity (driven by excess body fat and insulin resistance), produces a pattern of simultaneously low testosterone and elevated oestrogen in men that conventional testing frequently misses by only measuring total testosterone.

The Hormone Replacement Question — Addressed Directly

There is a growing and largely well-intentioned conversation about bioidentical hormones — progesterone, oestrogen, testosterone, and DHEA — presented as safer, more natural alternatives to synthetic pharmaceutical hormone preparations. Some of this conversation is clinically sound. Some of it is not. And the distinction matters because exogenous hormone administration, bioidentical or otherwise, carries real biological consequences that are not neutralised by the word "natural."

The Depo-Provera Precedent

A 2024 study in the British Medical Journal found that women using the contraceptive injection Depo-Provera — containing medroxyprogesterone acetate, a synthetic progestogen — for more than one year had a 5.6-fold increased risk of developing intracranial meningioma, a type of brain tumour. Over 1,470 lawsuits are currently consolidated in US federal proceedings. The FDA approved new warning labels in December 2025 — decades after the drug entered widespread use.

The clinical lesson is not that progestogens cause brain tumours in all contexts. It is that exogenous hormone interventions can have consequences — including serious ones — that are not apparent at the time of prescribing, and that the burden of investigation before prescribing should be commensurate with the biological risk of the intervention. A drug studied over 8–12 weeks is being used over 8–12 years. The safety profile changes.

The case for investigating before prescribing is not complicated:

In each of these cases, the hormonal finding is real and the symptoms are real. The question is whether the hormonal finding is the cause or the consequence. Exogenous hormones administered when the finding is a consequence of upstream dysfunction treat the signal rather than the source — and carry the biological risks of hormone administration without necessarily producing the outcomes the client is seeking.

When hormone replacement is genuinely indicated: There are absolutely clinical situations where exogenous hormone support is appropriate and beneficial — menopause, hypogonadism, surgically induced hormonal deficiency, and certain autoimmune thyroid conditions among them. The argument here is not against hormone replacement. It is for the investigation that determines whether it is the right intervention — and for understanding the oestrogen metabolism pathways, the cortisol picture, and the gut health status before adding exogenous hormones into a system whose upstream state has not been mapped.

First, do no harm. Then, do the test. Then, make the decision.

The Three Axes Together — Why Integration Is the Only Approach That Works

The HPA, HPT, and HPG axes are not three separate systems that happen to exist in the same body. They are three components of a single integrated regulatory network, continuously communicating and continuously influencing each other.

Chronic HPA activation suppresses HPT conversion and HPG production simultaneously. Hypothyroidism reduces progesterone production and impairs the clearance of cortisol — creating a feedback loop that worsens HPA dysregulation. Sex hormone deficiency — particularly oestrogen loss in perimenopause — sensitises the HPA axis, increasing the cortisol response to stressors that a more hormonally supported nervous system would manage without difficulty.

The DUTCH Plus is the single test that maps all three axes in one collection. Cortisol diurnal pattern and CAR. DHEA and its metabolites. Oestrone, oestradiol, oestriol, and their metabolites through the 2-OH, 4-OH, and 16-OH pathways. Progesterone metabolites. Testosterone and its metabolites. Melatonin. Neurotransmitter metabolites including serotonin and dopamine precursors. One test. The complete hormonal picture that makes sense of the presenting symptoms rather than treating each individually.

Read Part One →
DUTCH Plus — All Three Axes, One Test

The complete hormonal picture — mapped, not guessed.

The DUTCH Plus is included in the TDG Five-Test Programme alongside comprehensive blood chemistry, GI-MAP stool analysis, Organic Acids Test, and food sensitivity panel. Together they map every upstream driver of hormonal dysregulation — cortisol, thyroid conversion, oestrogen metabolism, gut health, and nutritional status — simultaneously.

TDG Five-Test Programme → Book a Discovery Call →

Stephen Duncan MSc FDN-P

Functional Diagnostic Nutrition Practitioner and founder of Detective Health, Edinburgh. BSc (Hons) Developmental Biology · PG Dip Health Informatics · MSc Coaching Studies & Applied Physiology · Trained under Reed Davis (FDN), Bryan Walsh, and Bill Wolcott. 37 years in clinical practice. detective-health.com