GBPUSD Carving 5 Waves Down

I remain of the mind that Cable is headed towards 1.3730 or so but the path to get there might be choppy. A drop under 1.3888 would make the decline from the high in 5 waves. The implication then would be that GBPUSD bounces before realizing another down leg. 1.3830/40 is a possible support zone for GBPUSD now. This is where proposed wave 5 would equal proposed wave 1 and is also the 2/17 and 2/18 lows.