If you trade the GBP/USD currency pair using CFDs, you speculate on the direction of the underlying asset, without ever taking ownership of it. It provides you with greater liquidity and easier execution, as well as allows trading on margin . Therefore, no matter whether you have a positive or negative view of the GBP vs USD forecast, you can still try to profit from the future price movements. However, as CFDs are a leveraged product, profits, as well as losses, are magnified.
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