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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
70.41% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% 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 all your money. Read full risk warning.
EU Session Analysis for CFD Instruments 01/08/2025
Fundamental analysis
01 August, 2025
During Asian trading, the British pound edged lower against the US Dollar trading below 1.3200 levels.
The GBP/USD pair extended its falls largely due to rising expectations that the Bank of England may cut interest rates next week. In the UK, Manufacturing PMI data for July (48.2 exp) will be posted (09:30 GMT+1). In the US, NFP (106,000 expected) and Unemployment Rate data for July (4.2% expected) will be released (13:30 GMT+1) and ISM Manufacturing PMI data for July (49.5 exp) will be released (15:00 GMT+1).