| Global Interest Rates | |||
Australia |
3% | ||
Canada |
0.25% | ||
EMU |
1% | ||
Japan |
0.1% | ||
Swiss |
0.25% | ||
England |
0.5% | ||
US |
0.25% | ||
GBPUSD might be forming a short term cycle top at 1.5249 level on 4-hour chart and the fall from 1.5249 could possibly be resumption of down trend. Key support is now located at 1.4900, a break below this level will confirm the cycle top, and the following decline could bring price towards 1.4000 zone or even lower.