GBP/USD Pair Breaks June Uptrend Amid Leverage Risks
The GBP/USD pair has broken its June uptrend, according to FOREX.com. The CFD provider notes that 77% of retail investor accounts lose money when trading CFDs with them due to the high risk of losing money rapidly through leverage.
FOREX.com states that users should consider whether they understand how CFDs work and if they can afford to take on this level of risk. The provider emphasizes that it's essential for clients to assess their situation before making any investment decisions.
The break in the uptrend indicates a shift in market sentiment, but FOREX.com does not provide specific predictions or targets for the GBP/USD pair.