A nice pin bar appears to be forming on the GBP/USD daily chart.  If you don't know what a pin bar is, check out this post from about a month ago.  Today's pin bar follows a several-week downtrend, and the tip of the nose touches an area of support around 1.9345 that has been tested a couple of times.  So I'm going to place a buy order above today's high and see what happens.

• Order = Buy Limit
• Limit Price = 1.94844
• Stop Loss = 1.93542
• 1st Profit Target = 1.95495
• 2nd Profit Target = Let it ride