• GBP/USD steady in Asia after closing 0.1% higher on Wednesday

• Narrow ranges prevail as traders await fresh cues

• Cautious optimism over Iran peace deal, buoyant risk appetite support GBP

• Brent crude holds below $80, U.S. yields soften, underpin GBP

• Sep Fed hike odds fall to 55% from 68% Mon, 82% before July 29 Fed

• Focus shifts to U.S. July jobs data on Fri, key for Fed rate expectations

• GBP/JPY consolidates after 4.2% drop from last week's high

• Japan's intervention strategy assessed as clamour for BOJ rate hike grows

• Resistance 1.3500-10, 1.3535-40; support 1.3420-25, 1.3390-1.3400

• Wednesday range 1.34485-1.3486, Asia 1.3461-1.34715
GBP:

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