GBPUSD has completed 3 waves from 13029-12590, what happens now...
Consolidation would be next 1st price zone 12730-12810,
Once price get here then a consolidation or continuation of the Trend to the downside.
On my previous analysis GN failed to clear the green trendline and continued lower and confirmed the downside below 17494.
Downside target zone 17354-17243 for the time being, however depending on the price objective it can still go lower to about 17150-17100.
GN could consolidate/reverse from 17354-17243, look for reversal price structure and possible termination...
EURUSD has breached green trendline, break and close below 11130 then price target zone at 11080-11050.
Once 11075 is breached to the downside then 10900-10800 will be probable however it is not necessary for the price to go that low.
GOLD HAS FORMED HEAD N SHOULDER, HOWEVER A BREAK AND CLOSE ABOVE 1295 WILL INVALIDATE THIS SETUP.
LS=1263, HEAD= 1295, RS=1274.
H/S TO REMAIN VALID IT HAS 1ST TO BREAK BELOW 1245(RIGHT MID SHOULDER) AND 1215(RIGHT LOW SHOULDER).
BREAK BELOW 1195(LEFT SHOULDER LOW) WILL VALIDATE H/S AND LOWER PRICES.
PRICE TARGETS ON BREAK AND CLOSE BELOW 1195= 1140-1120.