• GBP/USD inches higher in Asia but resistance at 1.3550-60 likely to cap

• Escalation in U.S.-Iran conflict, higher oil prices constrain upside

• U.S. PPI Thu, CPI Fri key; will determine whether Fed hikes rates on Sep 16

• UK has busy Fri too; July GDP, industrial & manufacturing output, trade due

• Next week brings July employment, Aug inflation, BoE rate decision Sep 17

• BoE to hold rates, show patience with war-driven inflation: Reuters poll

• More resistance at 1.3575, 1.3600; support 1.3520, 1.3500, 1.3470-75

• Tuesday range 1.3522-1.3561, Asia 1.3541-1.3548
GBP:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)