1.1962 marks the cable low since Friday's two-and-a-half week high of 1.2064

Friday's peak was scaled on July's sub-50 U.S. service PMI nL1N2Z31AP

1.1918 was Friday's low (on July's sub-50 German PMIs, pre-UK PMI beats)

Fed rate decision Wednesday, second consecutive 75 bps hike f/c nL1N2Z60C8

HSBC expects 50 bps BoE hike next week (and another 50 bps BoE hike in Sept)

Truss vs Sunak TV debate on BBC1 from 2000-2100 GMT nL1N2Z407QnL8N2Z505I