GBPCHF (British Pound vs Swiss Franc). Exchange rate and online charts.
Currency converter
21 Feb 2025 23:59
(0.03%)
Closing price, the previous day.
Opening price.
The highest price over the last trading day.
The lowest price over the last trading day
Price range high in the last week
Price range low in the last week
The GBP/CHF pair consists of two strong and stable currencies. Besides, the UK and Switzerland have had close trading ties for many years. That is why this trading instrument is very popular on Forex.
Main features
The UK and Switzerland are economically developed countries with strong manufacturing sectors. Moreover, they are included on the list of the most technologically advanced countries. These features make this pair an attractive asset for traders.
The base currency is the pound sterling, which significantly increases the lot price. Notably, oftentimes, the pound sterling’s reaction to some crucial economic reports may be a bit slow.
As for the Swiss franc, it is a safe-haven asset. The Swiss franc is extremely popular among investors, especially during economic headwinds. In order to avoid hefty losses, traders heavily invest in this currency.
The GDP/CHF has a high spread ranging from 5 to 10 pips. Traders also use the US dollar when it comes to conversion. In general, analysts make forecasts on the pair taking into account the movements of the US dollar and European currency.
For example, when the euro and the US dollar fall, many investors start buying the pound sterling and the Swiss franc.
How to trade GBP/CHF
The GBR/CHF pair is highly volatile. Its intraday fluctuations may reach 150 pips.
The highest trading activity occurs during the European session hours, especially in the time period from 10:00 to 19:00.
Traders who stick to the news trading strategy should definitely pay attention to this trading instrument. It is recommended to focus on the internal economic reports for each of the currencies – the interest rate, the unemployment rate, GDP, retail sales (MOM), etc.
As mentioned above, the US dollar has a significant impact on each currency. Thus, when trading the GBP/CHF pair, keep an eye on the US economic indicators (GDP, the unemployment rate, the interest rate, labor market figures, etc.).
See Also
- The test of 150.25 earlier in the day occurred when the MACD indicator had already moved significantly below the zero level
Author: Jakub Novak
17:32 2025-02-21 UTC+2
1333
Bulls hold a fragile advantage in the marketAuthor: Samir Klishi
13:05 2025-02-21 UTC+2
1258
The USD/JPY pair is staging a strong recovery, climbing nearly 150 points from the 149.30-149.25 levelAuthor: Irina Yanina
13:31 2025-02-21 UTC+2
1183
- The test of 1.2648 in the first half of the day coincided with the MACD indicator having already moved significantly below the zero level
Author: Jakub Novak
17:30 2025-02-21 UTC+2
1168
The test of 1.0477 in the first half of the day coincided with the MACD indicator beginning to rise from the zero levelAuthor: Jakub Novak
17:27 2025-02-21 UTC+2
1123
In my morning forecast, I focused on the 1.2640 level as a key decision pointAuthor: Miroslaw Bawulski
17:24 2025-02-21 UTC+2
1123
- Bearish traders lack the strength for a full-fledged offensive
Author: Samir Klishi
13:00 2025-02-21 UTC+2
1123
The USD/JPY pair hit a nearly two-month low, reacting to Japan's January inflation report, but then sharply reversed following an unexpected statement from Finance Minister Katsunobu KatoAuthor: Irina Manzenko
13:34 2025-02-21 UTC+2
1108
In my morning forecast, I focused on the 1.0475 level as a key entry pointAuthor: Miroslaw Bawulski
17:17 2025-02-21 UTC+2
1093
- The test of 150.25 earlier in the day occurred when the MACD indicator had already moved significantly below the zero level
Author: Jakub Novak
17:32 2025-02-21 UTC+2
1333
- Bulls hold a fragile advantage in the market
Author: Samir Klishi
13:05 2025-02-21 UTC+2
1258
- The USD/JPY pair is staging a strong recovery, climbing nearly 150 points from the 149.30-149.25 level
Author: Irina Yanina
13:31 2025-02-21 UTC+2
1183
- The test of 1.2648 in the first half of the day coincided with the MACD indicator having already moved significantly below the zero level
Author: Jakub Novak
17:30 2025-02-21 UTC+2
1168
- The test of 1.0477 in the first half of the day coincided with the MACD indicator beginning to rise from the zero level
Author: Jakub Novak
17:27 2025-02-21 UTC+2
1123
- In my morning forecast, I focused on the 1.2640 level as a key decision point
Author: Miroslaw Bawulski
17:24 2025-02-21 UTC+2
1123
- Bearish traders lack the strength for a full-fledged offensive
Author: Samir Klishi
13:00 2025-02-21 UTC+2
1123
- The USD/JPY pair hit a nearly two-month low, reacting to Japan's January inflation report, but then sharply reversed following an unexpected statement from Finance Minister Katsunobu Kato
Author: Irina Manzenko
13:34 2025-02-21 UTC+2
1108
- In my morning forecast, I focused on the 1.0475 level as a key entry point
Author: Miroslaw Bawulski
17:17 2025-02-21 UTC+2
1093