The GBP/USD currency pair sees a retreat from a multi-month high as it trades around the 1.2935 area during the Asian session. This decline follows the previous day’s strong performance when it peaked over a four-month high around 1.2965. While the current downturn shows caution in the markets, it does not exhibit significant bearish momentum. Traders are eagerly anticipating the upcoming US consumer inflation figures, which could set the tone for future trading decisions. Navigating these market changes requires attention to both technical levels and fundamental data releases.