EUR/USD - Is currently testing the falling channel resistance-line. My preferred count is that we have seen wave A from 1.2042 up to 1.3172 followed by a B-wave correction down to 1.2660 and we are currently working on wave C higher, which as a minimum should reach 1.3345 and likely 1.3776.
GBP/USD - Is still locked within a B-wave triangle, but once we break-out the potential will be huge. I still expect a break towards the upside, but we need a clear break out of the triangle before the real momentum is released
Gold - Here I'm still looking for a break above resistance at 1,802.89, which will cause a rally higher towards at least 2,158.84. That said as long as we haven't seen the break above 1,802.89 we could see a deeper pullback, but the long term underlying uptrend is intact and should push gold higher.
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