Create guides from stroke
Illustrator for iPad should be able to create guides from any stroke or shapes.
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 Michael
    
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Michael
    
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    As per the comment, Object > Convert to
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       Michael
    
 commented Michael
    
 commentedThanks. Somehow I missed that. 
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      Ryan Marsh commented This one can be done, when you select your path / shape, hit the object menu and chose "convert to guide" - See image attached :) 
 
          