Cable slid to 1.2563 as dollar jumped on Fed's hawkish rate cut nL1N3NI0I2

1.2563 is three-week low (GBP/USD was just above 1.2700 into Fed event risk)

Trump, not yet in office, already a figure in global economic policy

1.2625 (Monday low) is now a cable resistance level. 1.2669 was Tuesday low

BoE rate hold expected at 1200 GMT, by 8-1 vote (Dhingra likely to dissent)

US Congress has two days to avert shutdown after Trump rejects spending bill