GBPUSD falls to new lows after testing last week's high and backing off

High in GBPUSD stalls at 1.3700 just ahead of the January 4 at 1.37028
The GBPUSD has been waffling up and down in a relatively narrow trading range. The high prices stalled at the 1.3700 level. That was just short of the high from last week at 1.37028. Seller were leaning (with stops likely on a