GBPUSD Setup - 06 June 2011

After price rejection at previous support at 1.6400. I placed a pending buy order at 1.64300. SL will be looking slightly at 1.63900. TP will be set at 1.6500

EP: 1.64300
SL: 1.63900
TP: 1.65000



Trade update: SL hit -40pips