The base currency – GBP. The counter currency – CHF. The Forex GBP/CHF pair is the British Pound/Swiss Franc currency pair. This is a lower volatility pair, due to the currencies geographic and economic proximity. GBP/CHF chart shows how much the GBP is worth when measured against the CHF. Representing the largest global financial centre, the British Pound is appreciated as one of the premier reserve currencies. The Swiss Franc, in turn, has always been considered a safe haven currency for wealthy individuals trying to safe guard their capital. CHF is ranked 5th in value held as reserves after the USD, EUR, JPY, GBP and CAD.