As a complicated financial trading product, contracts for difference (CFDs) have the high risk of rapid loss arising from its leverage feature. Most retail investor accounts recorded fund loss in contracts for differences. You should consider whether you have developed a full understanding about the operation rules of contracts for differences and whether you can bear the high risk of fund loss.
2022-12
Looking at EURGBP’s chart, we can see that the FX pair is traded 20 pips below its resistance level at around £0.8580. Today, if failed to break though the rate of £0.86, then we could expect it to drop further towards its next support level at around £0.8550 otherwise it should continue rising towards its next resistance level at around £0.8640-0.8650.
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