GBPUSD Setup - 19 May 2011

Managed to see a nice long setup after price closed above previous support which resulted in a tweezer bottom. I placed a pending long right after the IB was formed. SL will be set slightly lower at the tweezer bottom.

EP: 1.61850
SL: 1.61400
TP: 1.62300



Trade update: TP hit. 45pips profit