The article examines future Libor rates in British pounds, euros, and US dollars using option prices. By analyzing these prices, the researchers estimated the probability of different Libor rate outcomes. They found that the three Libor rates are closely connected, with expectations for future rates evolving over time. The study also looked at different statistical measures like mean, standard deviation, skewness, and kurtosis to understand the relationships between the rates. The results show a complex relationship between the three currencies' Libor rates that goes beyond just predicting future average rates.