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A break of 1.27733 should give the GBPUSD pair a dominant push south to around a new low of 1.6582
This pair at the moment looks like it could go either way, the trend is dominant short, so a pull north should be short lived.
The pair look like following the same trend, not much change here, continuance
This is detailed and reference should be made to will give a better understanding of the idea, also I must note from comment that gold will move to 1440, this is possible but...
At first glance you think what is Gold doing now, but when I looked a little deeper, thought yep F2 was not long enough, it needed more room, so it generated a revisit to 1516, hey presto F3
I can see gold bouncing of the support again at 1480, but this time hopefully will not stop at 1517.
Looking back AUDUSD may follow previous trends and have a ripid jump up.
I see a lot a charts predicting short, but when gold is going Long and it looks like it is, most consolidated retraces are followed by a hard push North as seen in the previous Long.
A test of 1480 did't happen so I now exspect a test of 1500 - 1555 or above
Double bottom forming on gold
Head and shouders
see its in a wedge
Short to 1483 then the long to 1555
Gold the first and original currency looks like a short from its 2011 history, but gold also makes its own history, to not forsee the long to me is incorrect, think hard about it and you start to understand, it's a has to not a could do.