• GBP holding the Monday break as Iran deal optimism keeps bulls in the driver's seat for now

• But fresh U.S. strikes on Iran is capping topside

• Geo noise means more two way price action to follow

• Cable has cleared the 200DMA cluster (1.3410-24) which is constructive

• However, 1.3600-50 is the real test. Below there, cable is likely to remain choppy
GBPUSD daily chart


Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))