GBP/CHF

GBP/CHF CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the British Pound against the Swiss Franc.  

The British Pound, the currency issued in the United Kingdom, is one of the four major currencies. According to the 2022 BIS Triennial Central Bank Survey, the British Pound ranks fourth in trading volume, following the Japanese yen.  

The Swiss Franc, issued in Switzerland, is considered a safe-haven currency, often sought after during times of economic uncertainty.

Switzerland's political and economic stability contributes to the Franc's strength. Therefore, the Swiss Franc may experience fluctuations based on global economic stability and investor risk sentiment. The GBP/CHF currency pair will be influenced by global risk sentiment, and changes in the economic outlooks of the United Kingdom and Switzerland.