GBP/USD: choppy consolidation continues

The morning’s attempt in GBPUSD to break higher has failed and resulted in a sharp decline to test the short-term uptrend.
I was stopped out on a long but managed to close the trade with a minor loss. I entered at bar#1 on a 38.2% pullback, closed half of the position at the entry level, stopped the rest at the initial risk level.

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