FX:GBPCHF British Pound/Swiss Franc
I'm thinking some version of this will happen for two reasons. 1 -- The UK economy is at the beginning of what seems to be a steady, but slow recovery, so the crawl upward will take some time. 2 -- The Swiss are very conscious of their currencies strength relative to the other major economies, so they won't take any action to stop a move upward. I think somewhere around 1.70 is reasonable down the road.