UK Inflation Seen Easing But Still Above Target; February CPI Data Eyed for BoE Rate Signals

• UK's headline and core annual CPI inflation expected to fall in February data, but still above BoE's 2% target

• Monthly CPI set to rebound after January drop; food prices and services inflation in focus

• Data could impact BoE's interest rate outlook ahead of March policy decision

• GBP/USD could rally on higher-than-expected inflation figures, supporting "higher rates for longer" view

• Break below 50-day SMA needed to trigger further GBP/USD declines toward 100-day and 200-day SMAs