The Pound-to-Swiss Franc exchange rate rose handsomely on Wednesday and remained one of the better performing Sterling pairs of 2021 but that hasn't stopped Credit Suisse and Natwest Markets from selling the Franc afresh and reiterating earlier buy recommendations for GBP/CHF. 

The Swiss Franc remained the best performing major currency of 2020 on Friday even as it underperformed intraday, although Swiss National Bank (SNB) intervention is likely to keep the Euro-to-Franc rate above the year’s lows, according to Capital Economicsand Commerzbank, even if its recovery prospects are uncertain. 

2.0% economic growth and expectations for a consensus-busting three interest rate rises in 2018 will support a stronger Pound Sterling profile say long-time bulls Capital Economics.

Brexit talks are the main event into year-end but, some say, interest rates will take centre stage again in 2018. Here's what that means for the Pound Sterling:

The Pound-to-Euro exchange rate is expected to recover during the second half of 2017 and into 2018 say experts at an independent economic analysis and forecasting institute.

Those wanting a stronger Pound against the Euro will have been spooked by the recent views coming out of some of the world’s most esteemed research houses.

An interest rate rise in the next 12 months has important implications for the British Pound which ultimately tracks the yield offered on debt in the UK.

Investors have been accused of overestimating the value of the British Pound when compared to the US Dollar on the basis of central bank policy differences over the near-term period.

“While the downward pressure on the pound has increased in response to some adverse post-referendum developments, we have long argued that a substantially lower exchange rate would be an important factor helping to limit the economic damage of a vote to leave the European Union.” - Capital Economics.

Two prominent research institutions have reiterated their view that the British pound is too expensive owing to the UK’s continued inability to export more.

With evidence mounting that the Remain camp is gaining advantage in the battle for the UK public’s allegiance ahead of the 23rd June vote we have noted the pound stage an impressive short-covering rally.

“If the UK votes to remain in the EU, any further relief rally in sterling could prove short-lived.”
- Oliver Jones Assistant Economist at Capital Economics.

The dollar has had a rough ride of late but this isn’t anything long-term say economists at a leading independent economic research house. 

Assuming Brexit risks to the British pound have now passed would be misguided argue analysts at Capital Economics.