Currency converter
05 Nov 2024 12:20
(0.01%)
Closing price, the previous day.
Opening price.
The highest price over the last trading day.
The lowest price over the last trading day
Price range high in the last week
Price range low in the last week
Η ομάδα μας έχει πάνω από 7.000.000 επενδυτές!
Κάθε μέρα συνεργαζόμαστε για τη βελτίωση των συναλλαγών. Έχουμε υψηλά αποτελέσματα και προχωράμε.
Η αναγνώριση από εκατομμύρια επενδυτές σε όλο τον κόσμο είναι η καλύτερη εκτίμηση της δουλειάς μας! Κάνατε την επιλογή σας και θα κάνουμε ό,τι χρειάζεται για να ανταποκριθούμε στις προσδοκίες σας!
Είμαστε μια υπέροχη ομάδα μαζί!
InstaSpot. Υπερήφανοι που δουλεύουμε για εσάς!
Ηθοποιός, πρωταθλητής τουρνουά UFC 6 και πραγματικός ήρωας!
Ο άνθρωπος που τα κατάφερε. Ο άνθρωπος που ακολουθεί τον δρόμο μας..
Το μυστικό πίσω από την επιτυχία του Taktarov είναι η συνεχής κίνηση προς τον στόχο.
Αποκαλύψτε όλες τις πλευρές του ταλέντου σας!
Ανακαλύψτε, δοκιμάστε, αποτύχετε - αλλά μη σταματήσετε ποτέ!
InstaSpot. Η ιστορία επιτυχίας σας ξεκινά εδώ!
The GBP/CHF pair consists of two strong and stable currencies. Besides, the UK and Switzerland have had close trading ties for many years. That is why this trading instrument is very popular on Forex.
Main features
The UK and Switzerland are economically developed countries with strong manufacturing sectors. Moreover, they are included on the list of the most technologically advanced countries. These features make this pair an attractive asset for traders.
The base currency is the pound sterling, which significantly increases the lot price. Notably, oftentimes, the pound sterling’s reaction to some crucial economic reports may be a bit slow.
As for the Swiss franc, it is a safe-haven asset. The Swiss franc is extremely popular among investors, especially during economic headwinds. In order to avoid hefty losses, traders heavily invest in this currency.
The GDP/CHF has a high spread ranging from 5 to 10 pips. Traders also use the US dollar when it comes to conversion. In general, analysts make forecasts on the pair taking into account the movements of the US dollar and European currency.
For example, when the euro and the US dollar fall, many investors start buying the pound sterling and the Swiss franc.
How to trade GBP/CHF
The GBR/CHF pair is highly volatile. Its intraday fluctuations may reach 150 pips.
The highest trading activity occurs during the European session hours, especially in the time period from 10:00 to 19:00.
Traders who stick to the news trading strategy should definitely pay attention to this trading instrument. It is recommended to focus on the internal economic reports for each of the currencies – the interest rate, the unemployment rate, GDP, retail sales (MOM), etc.
As mentioned above, the US dollar has a significant impact on each currency. Thus, when trading the GBP/CHF pair, keep an eye on the US economic indicators (GDP, the unemployment rate, the interest rate, labor market figures, etc.).