UBS recommends to sell pound / franc

According to currency strategists UBS, investors should sell the British pound against the Swiss franc in anticipation of couples to reduce the level of 1.60. As noted in the bank, if economic data continue to be disappointing, at the November meeting, the Bank of England may well decide to expand the program of asset purchases under the policy of quantitative easing another 25 billion pounds. Analysts recommend the bank to sell the British pound against the Swiss currency at 1.6800 and close positions in the case of growth pound / franc to 1.7150 level. At the moment couple pound / dollar traded at 1.6816.