• GBP$ near session high in NY afternoon, +0.01% at 1.3417; NY range 1.3423-1.3390

• Optimism over US-Iran deal lifting risk ex-USD; dollar steady awaiting details

• Pair continues to sled around the middle of the recent 1.33-1.35 range

• Peace will likely boost GBP/USD, gains likely tempered amid UK policy, political risks

• UK PM Starmer says he has not lost authority, will fight to stay in job

• Fed, BoE expected to hold next week; BoE to hold rates in 2026, minority see a hike

• GBP$ res at bruised 200-DMA by 1.3420, Friday high 1.3426, 1.3487 daily cloud top

• Supt 1.3383 Friday low, 1.3325 daily low 1.3325, 1.3298 lower 30-d Bolli

• Long tail in Thurs/Friday candlestick hints at growing support

Chart:


(Paul.Spirgel is a Reuters market analyst. The views expressed are his own)