GBPUSD Setup - 07 June 2011

After price formed a pinbar along the TL on H4 chart. I placed a pending buy order at 1.63800. SL will be set at 1.6350. 1st TP will be looking at the key figure of 1.6460 and final TP at 1.65000

EP: 1.63800
SL: 1.63500
TP: 1.6460 & 1.6500

H4 Chart


H1 Chart


Trade update: 1st TP hit. closed 50% of profit.
Trade update: Moved SL to BE.
Trade update: Trade closed at BE.