British Pound 4th Wave Correction

[B]Commentary[/B]: Our highest probability count has Cable tracing out a 4th wave correction within the larger 5 wave rally from 1.9621.

We are looking for a bit more weakness, towards the former 4th wave (one lesser degree), at 2.0459. Parallel channel support is close right at this level as well (shown on chart). The bigger picture is bullish as long as price is above 2.0203.
[B]Strategy[/B]: Currently bearish, look to flip close to trendline on chart above, against 2.0203, targeting 2.1000