Cable maintains 1.28 handle ahead of Fed, BoE monetary policy decisions

Dovish hold expected from Fed at 1800 GMT; Powell briefing starts 1830 GMT

1.2807 was Monday's low, as BoE rate cut risk weighed on the pound

Markets currently see 61% chance of BoE rate cut on Thursday 0#BOEWATCH

1.2778 (61.8% Fibo/July 9 low) and 1.2750 are support points below 1.2800

Resistance levels include 1.2867 (rally high from 1.2807) and 1.2900