Macron: UK playing with France’s nerves on fish licenses

French President Emmanuel Macron said, Friday, that the UK is playing with France’s nerves over fishing licenses. Macron also reaffirmed that the UK is not respecting post-Brexit fishing arrangements and reiterated that his government would continue to support the fishermen until they get their licenses.

GBP has not reacted to the latest remarks from Macron, but traders remain alert lest France should soon revert back to threatening retaliatory measures against the UK if it doesn’t get what it wants and this could impact the GBP.

In a recent interview with the BBC, Irish Prime Minister Micheal Martin said the ‘mood music’ in EU-UK talks over the Northern Ireland Protocol had changed and urged both sides to ‘knuckle down and get it resolved’.

The EU recently offered a comprehensive package of measures to ease checks on goods arriving into Northern Ireland from the UK with talks expected to continue in the hope of bringing both sides closer together.

Retail trader data show 69.44% of traders are net-long with the ratio of traders long to short at 2.27 to 1. The number of traders net-long is 1.17% lower than yesterday and 17.84% lower from last week.

The number of traders net-short is 0.62% lower than yesterday and 23.03% higher from last week.