British Pound vs Swiss Franc
GBPCHF
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.002
Contract Size Currency per 1 Lot Symbol
GBP 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| August 24 | Monday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21:00 |  KR | KRW | Consumer Sentiment Index | LOW | 106.8 | ||||||||
FAQ
The GBP/CHF currency pair represents the exchange rate between the British pound and the Swiss franc, or the number of francs (the quote currency) needed to buy one pound (the base currency). It consists of two reserve currencies that are in constant demand on a global scale because central banks hold them to withstand economic shocks, pay for imports, settle debts, and control the value of their own currencies. The pair is quite liquid and is a good way to diversify one's portfolio with non-US markets.
GBP (also known as the pound sterling or “Cable” in financial circles) is the oldest currency in use today. It is the official currency of the United Kingdom and several British Overseas Territories. After World War II, the US dollar supplanted the British pound as the primary reserve currency, a position it held for centuries. This shift in the global economy was largely due to the economic dominance of the United States and the establishment of the Bretton Woods system. However, despite losing its status as the primary reserve currency, the British pound remains an important currency in international trade and finance.
The CHF is a strong currency that represents the competitiveness of the Swiss economy as well as the country's macroeconomic and political stability. The franc is in high demand as a safe currency, especially during times of crisis.
