GBPCHF (GBPCHF^)

Pairing – The amount of Swiss francs (CHF) that one can buy for every Great British pound (GBP).

Position

GBP – World’s fourth most traded currency

CHF - World’s seventh most traded currency

Important factors

• Rare trade – Despite both these currencies being majors in the forex market, the pairing is not often traded in comparison with other major pairings.
• Commodities – The price of oil and coal can have an effect on both currencies in this pairing, however the pound is more likely to be connected to the price of aluminium, and gold and agricultural item prices are more likely to have an impact on the franc.
• Reserves – Both currencies are frequently used as reserve currencies for those looking for safe haven options.