• GBP/USD down 0.3% in Asia as U.S.-Iran peace talks remain elusive

• Higher oil weighs; WTI crude up 5% Mon, lifts U.S. 10-yr yield 3 bps

• Trump calls Iran's response to US peace proposal 'unacceptable'

• UK's Starmer begins political fightback, puts Europe ties at heart of reset

• Weakened by local elections, Starmer is challenged by former minister

• Starmer speaks Monday, followed by the “King’s Speech” on Wednesday

• UK jobs market cools as Iran war hits outlook, REC survey shows

• UK data Thu eyed; Q1 & Mar GDP, industrial & manufacturing output, trade due

• Trump's summit with Xi in Beijing, U.S. inflation data also key this week

• Support 1.3540-50, 1.3510-15, resistance 1.3625-35, 1.3660

• Friday range 1.35475-1.3638, Asia 1.3548-1.3625
The UK isn't just shifting right but getting more fragmented:

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