- GBP/USD trades a broad band between just under 1.33 and 1.3440 as investors react to EU-UK trade talk headlines.
- Conflicting reports as French President Macron adopts a hard line on fishing but UK Education Secretary Gavin Williamson and Irish Foreign Minister Simon Coveney both said progress was being made.
GBP/USD and GBP continues to be driven by trade talk headlines
On one side, French President Macron opposes any deal that prevents widespread access to UK fishing waters for French fishermen. Meanwhile, UK Education Secretary Gavin Williamson said that talks were advancing. Ireland’s Foreign Minister Simon Coveney was also optimistic, saying a deal was imminent. GBP/USD has advances though could quickly fall on negative headlines.