Movement for the Pound to Swiss Franc pair limited
Pound to Swiss franc exchange rates have remained relatively rangebound this week, despite yesterday’s political developments inside the UK. Whilst the GBP/CHF pair is historically less volatile than GBP/EUR for an example, a range of only two cents movement over the past month is testament to the current market uncertainty.
GBP has hit a high of 1.2457, whilst trading at a low of 1.2252 within this time frame. This has meant that those clients looking to sell pounds to buy Swiss francs have had limited opportunities to see an increase in value, with external uncertainties surrounding the UK’s political structure and continued uncertainty over Brexit unlikely to have

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