• GBP/USD rises 0.25% in Asia as risk rallies on Iran peace deal

• U.S., Iran reach preliminary agreement to end war, signing set for Friday

• Trump says deal with Iran complete, authorises opening of Strait of Hormuz

• WTI crude -5.6%, S&P futures +1.1%, Nikkei +5.4%, U.S. 10-yr yield -6 bps

• GBP rallies to 1.3460 from a 1.3419 open, slips to 1.3435 as details sketchy

• Fed, BoE rates, UK May inflation, retail sales, April employment this week

• Makerfield election on June 18 key as UK political uncertainty rises

• UK losing jobs abroad due to high energy costs, manufacturers and union warn

• UK, Japan agree tech partnership and vow fighter jet progress

• Resistance 1.3470-80, 1.3500-10, support 1.3410-20, 1.3380, 1.3350

• Friday range 1.33835-1.3426, Asia 1.3419-1.3460
Latest UK gross domestic product (GDP) growth:

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