- Trading
- Instrument Specifications
- Currency Pairs
- GBP / CHF Investing
Trade GBP / CHF | Spot Forex
GBP/CHF Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 |
| Floating Spread, pip | 4.8 | 4.8 | 6 |
| Order distance, pip | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.73 / -1.64 | 0.73 / -1.64 | 0.73 / -1.64 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 CHF | 10 CHF | 10 CHF |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 | 6 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.73 / -1.64 | 0.73 / -1.64 | 0.73 / -1.64 | 0.73 / -1.64 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 CHF | 10 CHF | 10 CHF | 10 CHF |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 4.8 | 4.8 | 6 | 4.8 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | 0.73 / -1.64 | 0.73 / -1.64 | 0.73 / -1.64 | 0.73 / -1.64 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 CHF | 10 CHF | 10 CHF | 10 CHF |
GBP CHF Trading Hours
GBP CHF trading hours are the time when investors can buy and sell GBP CHF. The GBP CHF is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP CHF during different trading hours. Depending on where you live, you may be able to trade GBP CHF at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when GBP CHF trading hours begin and end.
Technical Analysis
The GBPUSD technical analysis of the price chart on 4-hour timeframe shows GBPUSD,H4 is retracing up under the 200-period moving average MA(200) after hitting three-month low three days ago. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 1.08044. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 1.07110. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex -
The number of people claiming unemployment related benefits in UK increased more than expected in June. Will the GBPUSD price rebounding reverse?
The number of people claiming unemployment related benefits in UK increased more than expected in June: the UK Office for National Statistics reported the claimant change - change in number of people claiming unemployment related benefits during the previous month, rose by 25.9 thousand in June after downwardly revised 15.3 thousand increase in previous month, when an increase of 17.9 thousand was forecast. And the change in Average Earnings Index ( the 3-month moving average ending in May compared to the same period a year earlier) representing the change in the price businesses and the government pay for labor, including bonuses – rose at an unchanged pace of 5.0% after 5.4% pace in the three month ending in April. At the same time the unemployment rate ticked up to 4.7% when steady rate of 4.6% was forecast. Faster than expected rise in the number of unemployed UK people is bearish for the Pound and GBPCHF currency pair. However, the current setup is bullish for the pair.
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Neutral |
| MA(200) | Sell |
| Fractals | Buy |
| Parabolic SAR | Buy |
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Currency Pair GBPCHF | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
