GBP/CHF

GBP/CHF

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History of the British Pound

Originated in Roman-era continental Europe. It gets its name from the Latin word "poundus," which means "weight." The $ symbol is derived from an ornate L in the constellation Libra. The pound was a unit of currency in Anglo-Saxon England as early as 775AD, equal to one pound of silver.

History of the Swiss Franc

The first Swiss Franc was introduced in 1850; it was pegged to the French Franc. Switzerland joined the Latin Monetary Union in 1865, which included France, Italy, Switzerland, and Belgium. In 2008, the Swiss Franc was more valuable than the US dollar. The ninth series of Francs was introduced in 2010.

GBP/CHF Forex Chart
Instrument: GBP/CHF
Spread: floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -0.92%
Overnight Interest (daily) Buy: -5.23%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: GBP/CHF

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GBP/CHF Trading FAQs

The best time to trade GPB/CHF is between 8 am and 4 pm GMT. This is because this is when GBP/CHF will be the most liquid and when most price changes will happen.

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