Market Insight

The latest analysis of popular markets from our team of industry experts.

CFD trading is high risk and may not be suitable for everyone.
GBPUSD & EURGBP after UK GDP

The British pound looks very different against the euro and the US dollar after data showing UK GDP growth moderately improved in the second quarter but saw a slowdown in its annual pace of growth.

 

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.