GBPUSD Setup - 26 May 2011

Price bounce off at previous resistance and resulted an IB formed. I placed a pending sell order at 1.6310 and looking to lock some profit at 1.6260 and final TP at 1.6230. As this is against the trend thus i will monitor it closely when price is near my 1st TP. SL looking at 1.6340

EP: 1.6310
SL: 1.6340
TP: 1.6260 & 1.6230



Trade Update: closed at BE.