The main count suggests that Cable has higher highs remain in store to complete wave c pink and therefore wave (4) black.
Wave b pink unfolded as a zigzag labeled waves (a), (b) and (c) green with wave (b) green unfolding as a triangle labeled waves a through e orange.
Within wave c pink, waves (i) through (iii) green are likely complete and wave (iv) green is underway.
Wave (i) green unfolded as an impulse labeled waves i through v orange.
Wave (ii) green unfolded as a zigzag labeled waves a, b and c orange with wave c orange unfolding as an expanding ending diagonal labeled waves 1 through 5 purple.
Wave (iii) green unfolded as an impulse labeled waves i through v orange.
At this stage, wave (iv) could either be an expanded flat or a triangle correction. Either way, the main hourly count expects Cable to resume its uptrend following the completion of the wave (iv) retreat.
This count will be confirmed by movement above 1.3943.
At 1.3952 wave (4) black would reach 50 % times the length of wave (3) black.
This count would be invalidated by movement above 1.4567 as wave (4) black may not enter the price territory of wave (1) black.As well, this count would be invalidated by movement below 1.3613 as wave (iv) green may not enter the price territory of wave (i) green.