Elliott wave analysis of AUD/USD and GPB/JPY

 AUD/USD - The triangle that has been building since July 2011 is most likely still in progres, however a break above the top of red wave D at 1.0613 will indicate, that red wave E ended already at 1.0167. However a break below 1.0328 will call for a new decline to below 1.0167.

GBP/JPY - Just a quick follow-up to my post from August 24 (see here http://theelliottwavesufer.blogspot.dk/2012/08/gbpjpy-long-term-elliott-wave-analysis.html)

If the bullish count I called for on August 24 is the correct count we should soon a powerful rally high through 1.2883 towards 1.3348 and higher.
A break below 1.2368 will invalidate my count.