From a theoretical standpoint, I cannot possibly see how the FRP shear strengthened concrete could have a reduced deflection due to bending forces. Possibly if your beam deflection has a large contribution to the overall deflection which is almost never the case, even in deep beams. For a column with confining FRP wrapped around the circular circumference, then yes, I can see why the deformation would be reduced due to an axially applied load. I could also understand why a circular arch member would have a reduced deflection if properly wrapped with confining FRP but only in the post-elastic state. Confined concrete will be able to reach a higher ultimate compressive strength but will not have the same effect on the elastic modulus as having a higher strength concrete would. Think Manders equation for confined concrete.
BTW, if you ever speak to a company like Fyfe, they are vehemently opposed to the idea of strengthening concrete beams using only U-wrapped FRP. Based on all of their tests, and I would seriously listen to someone like that who has a large R&D budget, they disagree with ACI 440.2R in its recommendations to increase shear strength using U-wraps. They would tell you that you need to wrap the web completely, and at the very least, anchor it at the top of the web with CFRP anchors.