Good morning traders,
All three of the pairs, EURUSD, AUDUSD and GBPUSD look great and are easy to count. On GBPUSD we see a five-wave drop in play down from 1.3213 area which is a trait of a bearish impulse, and which suggest where the intra-day trend can be going. We see it going bearish, but only after sub-wave v) of a fully shows up and after the three-wave pullback that can follow into blue wave b unfolds. Once these two stages happen, we may expect a new break below the 1.3060 area in upcoming sessions.
AUDUSD is also falling, unfolding a nice and clear five-wave movement down from 0.7464 area. We specifically see price making a new intra-day drop down from 0.7395 level, which is the area of a completed wave iv and which now points towards new lows for the unfolding wave v of a). Support for sub-wave v can be seen around the Fibonacci ratio of 161.8/61.8.
EURUSD is unfolding a five-wave fall from the 1.1742 level which is a sign of a bearish impulse. We see recent correction as wave iv completed at the 1.1657 area, so current drop can be wave v that can extend towards the Fibonacci ratio of 61.8.