Gold is cancelling the mid-term sell signal that was coming from the breakout of the lower line of the flag and the H&S formation. Instead of that, we have an interesting rise at the beginning of the European session, driven by the smaller wedge pattern. It will be a strong buy signal if the price closes the day and the week above the green area.
GBPUSD is about to test the crucial long-term resistance for the second time. As long as we are below, the sell signal is more probable here. The horizontal resistances are additionally supported by the mid-term downwards trend line.
FTSE broke the lower line of the wedge and went lower to test the super important horizontal support again. If the price closes below the grey area it will be a significant signal to open a short position. As long as we stay above, buyers still can have hope.