Please help me identify the origin of a coolant leak

[Estlander]

Hy guys. I have a problem with my 1995 Z5 Protege with 103400 miles.
I smelled coolant today when i got out of my car. I looked under it and saw it dripping from the passenger side. I then started looking where it was coming from and after finding out that it wasn't coming from any of the coolant hoses and the radiator i then removed that plastic cover underneath the car and got under it.
I started the car and waited to see where it was coming from. It is not coming from the water pump, but a bit further towards the firewall about 4 inches. It seems to be coming from the oil dipstick area and from behind that pulley.
Please check out the picture on the link i have provided and give me your ideas. It seems to be coming down from the places shown with red arrows. Could it be that i have a blown head gasket? If you have a blown head gasket then is it normal for the car to leak coolant as well?
It does not overheat or leak oil at all, just leaks coolant from a lower part of the engine.
Any help is much appreciated.
http://www.zone.ee/pleiadean/coolant%20leak.JPG?2

[DaDeadboy]

Still sounds like the waterpump. The gasket to the water pump maybe bad, best get the mechanic pull it down and see if you have to change the pump and gasket or maybe just the gasket.