GBPUSD Setup - 23 May 2011

Price broke through the bullish TL and closed below it. I place a sell order at 1.6160 with SL at 1.6210. TP will set targetting at 1.6040

EP: 1.6160
SL: 1.6210
TP: 1.6040



Trade update: Closed at 30pips profit.