• GBP/USD down 0.15% in Asia after closing 0.83% higher Mon on profit-taking

• Capped by elevated oil prices and Treasury yields on Iran war uncertainty

• WTI crude hovers near a 2-week high, U.S. 10-yr yield holds near 1-year high

• Trump signals Iran nuclear deal may be possible, markets remain skeptical

• GBP rally from 5-week low on Mon corrective as UK political concerns persist

• UK jobs data Tue, inflation data Wed seen as key for BoE rate expectations

• Former lows at 1.3450-60 is now strong resistance; more at 1.3480, 1.3500

• Support 1.3380, 1.3350, 1.3300; ranges Mon 1.3304-1.3449, Asia 1.3412-1.3435
GBP:

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