French President Emmanuel Macron offered the UK Prime Minister (PM) Boris Johnson, in what seems to be the last chance, to reset the relations amid a Brexit divorce deal the latter signed with the European Union (EU), Reuters reports, citing an unnamed source.
Key quotes
At a meeting at the Group of Seven rich nations in southwestern England, Macron told Johnson the two countries had common interests, but that ties could improve only if Johnson kept his word on Brexit,
“The president told Boris Johnson there needed to be a reset of the Franco-British relationship,
“This can happen provided that he keeps his word with the Europeans.”
GBP/USD reaction
GBP/USD is defending the ground above 1.4100 amid the US dollar’s strength and delay in the UK reopening. The Brexit headlines could keep the further upside elusive in the cable.
At the press time, the spot is up 0.07% on the day, trading at 1.4116.
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