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• Cable rose to 1.3460 in Asia as safe-haven dollar weakened on US-Iran peace deal
• 1.3460 is the highest level since June 5 (1.3483 was high that day, pre-NFP data)
• Friday's NY session range was 1.3390-1.3423 (Thursday low was 1.3325)
• First Fed meeting chaired by Warsh this week (Tuesday-Wednesday)
• BoE rate hold expected this week. Bailey defends BoE decision to reduce gilt holdings
• CFTC data: net GBP short rose by 22% to 64,213 contracts
in week to June 9
GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed
are his own)