GBP/USD: Cable Eases from New 2023 Top, UK CPI Data Eyed for Fresh Signals

<p>Pullback from new 2023 high (1.3141), where last week’s strong bullish acceleration was repeatedly rejected, extends into the second straight day. Strongly overbought RSI /stochastic and fading bullish momentum on daily chart, contributed to decision to collect some profits. Fresh bears face initial support at 1.30 (psychological), ahead of rising 10DMA (1.2906) and former top […]</p>
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