The Pound has been rising against the Franc since August, in sympathy with the broader rally in Sterling. We would however suggest only a decisive win for the Conservatives at the General Election would provide the impetus required to break GBP/CHF out of this range.
Read more: Pound-Franc Exchange Rate's Rally Yet to Convince
The Pound-to-Franc exchange rate is quoted at 1.2844 at the time of writing, 0.37% higher than where it opened this week's account, and the setup behind the currency looks to favour further Sterling gains.
Read more: Pound-Franc Week Ahead Forecast: Looking to Press Higher, SNB Comments Aid Swiss Franc
An expected lack of volatility should give higher confidence to those looking to transact in this market: in short, when the Pound falls against the Franc, we would expect any weakness to be short-lived.
Read more: Pound-Franc Week Ahead Forecast: Dips to be Short-Lived
Studies of the Pound-Franc charts suggest the pair is pausing in an uptrend and forming a bullish pattern with the promise of higher exchange rates once it is finished.
Read more: Pound-Franc Forecast: Pennant Pattern Heralds Risk of Higher Exchange Rate
Studies of the GBP/CHF charts suggest the pair is likely to continue higher as it is forming a bullish price pattern.
Read more: Pound-Franc Showing Bullish Continuation Pattern