Cable drops to 1.1982 before U.S. January core PCE data at 1330 GMT

1.1982 = one-week low (1.1915 was six-week low last Friday)

GBP/USD might fall further if the core PCE data is hotter than expected

Up 0.4% MM, 4.3% YY is the consensus forecast nL8N3536VS

Hot data could increase risk of 50 bps Fed rate hike next month

1.1943 (100DMA) and 1.1932 (200DMA) are support levels pre-1.1915