GBPUSD Setup - 27 May 2011

After watching price failed to below 1.6400 which is a strong support. I placed a pending buy order at 1.6440. SL will be looking at 1.6390. TP set at 1.6580

EP: 1.64400
SL: 1.63900
TP: 1.65800



Trade update: Closed at 30pips profit.