Cable drops to 1.2229 as Pelosi's expected Taiwan trip spurs risk aversion

See: nL4N2ZE1BRnL1N2ZE04SnL4N2Z805J. GBP is risk-sensitive

1.2229 is lowest level for GBP/USD since Monday's five-week high of 1.2291

10-year UST yield down to four-month low of 2.52% in Asia nL1N2ZE06N

Bids may emerge near 1.2200 (former resistance level) if cable extends south

BoE rate decision Thursday; 50 bps hike is consensus forecast nL1N2ZD0UR