Cable eyes 1.2000 after extending south from 1.2090 (3-week high in Asia)

Drop precedes start of two-day FOMC meeting; 75 bps rate hike expected

See: nL1N2Z21XCnL1N2Z2242. EUR/USD has also fallen through 1.02

Safe-haven USD aided by Russia slashing gas supplies to Europe nL1N2Z70AC

1.1964 (Monday's early London low) is GBP/USD support point below 1.20

Odds suggest 73% chance Truss is next UK PM (vs 66% Friday) nL1N2Z70K1