GBP/CHF
Fundamentals favour the British Pound by 41 points.
On the Macro Currency Strength Meter, the British Pound scores -10 and the Swiss Franc scores -52 — a gap of 41 points in favour of the British Pound. The widest divergence is in interest rates, which favours the British Pound. All else equal that gap is a fundamental tailwind for the British Pound against the Swiss Franc — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | GBP | CHF | Edge |
|---|---|---|---|
| Interest Rates | +6 | -66 | GBP |
| Growth | -43 | — | CHF |
| Positioning | -16 | -40 | GBP |
| Risk Mood | +8 | -39 | GBP |