[Python] How to get the item currently pointed at by iterator without incrementing?

Is there a way to get the item pointed at by an iterator in python without incrementing the iterator itself? For example how would I implement the following with iterators:

looking_for = iter(when_to_change_the_mode)
for l in listA:
do_something(looking_for.current())
if l == looking_for.current():
next(looking_for)

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