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TXS0102: Can TXS0102 be used as a replacement for SN74AVC2T245 with a uBlox SARA-G340 (TXD and RXD lines only)

Part Number: TXS0102
Other Parts Discussed in Thread: TXB0102, 2N7001T

Hi,

I'm trying to replace a part recommended by uBlox and was wondering if TXS0102 would be a proper replacement to avoid the direction pins circuitry altogether.

The circuit I'm interested in is the following (copied from uBlox SARA-G340 integration manual page 130):

Many thanks for your comments.

Cheers

ajs