How to trade
GBP/CHF

GBPCHF is a currency pair that contrasts the British Pound’s stature as a currency of international finance with the Swiss Franc’s role as a global haven asset. Investors wondering how to trade GBPCHF should consider factors influencing its price movements.

How to trade GBPCHF?

Engaging in GBPCHF trading requires an understanding of the UK’s economically significant financial sector against Switzerland’s reputation for banking secrecy and economic stability. For everyone eager to learn how to trade GBPCHF without knowledge, SimpleFX offers a demo account where both novice and experienced traders can practice their approaches without the risk of real money.

After switching to a live account, investors can experience trading without minimum deposit and trade commissions. Moreover, the SimpleFX platform gives access to tools enabling conducting technical and fundamental analysis.

What is the best time to trade GBPCHF?

For the GBPCHF pair, timing is essential for every trader. The most liquid period is during the overlap of the London and Zurich market hours, where traders can capitalize on increased volume.

Moreover, there is a noticeable time window of enhanced liquidity when the London Stock Exchange and the New York Stock Exchange overlap. Excluding rare exceptions, this period stands between 1 PM and 5 PM GMT. Navigating this window, traders may experience increased market activity, but they must always stay alert to the volatility inherent in peak times.

Is the GBPCHF price going up or down?

The direction of GBPCHF is impossible to predict due to the range of factors. For the GBP, indicators such as trade balances, political developments, and economic reports are significant. For the CHF, monetary policy, geopolitical safety, and global capital flows are vital drivers.

The unpredictability of the market means even well-researched decisions carry inherent risks, which drives investors to stay updated all the time.

Investors can check the current GBPCHF price on the chart above or the SimpleFX platform.

Is GBPCHF a popular currency pair?

While GBPCHF is less popular than the major pairs, it is essential for traders who seek exposure to two of the world’s most stable and high-value economies. Moreover, the pair can be used as an addition to diversify traders’ portfolios.