GBP/CHF

The GBP/CHF rate was trading around 1.3260 Tuesday after having fallen -0.3% so far this week, although the exchange rate could be steeling itself for a leg higher following the completion of a double-bottom patter on the charts. 

Markets are pricing the GBP to CHF exchange rate to trade towards 1.35 by March 2017, but UBS warn those exposed to the pair should be prepared for unprecedented volatility.