As we can see at the H1 chart, the price has started a local correction.
After the announcement of the People's Bank of China on the lowering of the basic interest rate on loans and deposits, the local Yuan currency tested a two-year "minimum".
Australian Dollar has broken the 0/8 level and right now is moving inside “oversold zone”.
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1) above Kumo Cloud.
Eurodollar continues moving downwards.
After finishing horizontal triangle inside wave (iv) of [iii], Euro has formed the first five-wave structure of a larger descending impulse inside wave (v) of [iii].
At the H4 chart of EUR USD, Three Methods continuation pattern indicates that the downtrend may continue.