22 January 2025 South African Rand: "The Good Times are Back" says BofA

The South African Rand is one of the most undervalued Emerging Market currencies and a strong rebound is likely.

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15 August 2024 Pound to South African Rand Rate Steadying Around 23.11 Short-term

The Pound to South African rand exchange rate has receded from late July and early August’s highs but in most plausible scenarios it could be likely to steady around the nearby 23.11 level in the d…

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06 August 2024 Pound to South African Rand Week Ahead Forecast: Buoyant Above 23.50

The Pound to South African rand exchange rate rallied further off its year-to-date lows to open the new week and the author’s model suggests it could be likely to remain buoyant above 23.50 in the …

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19 September 2023 Pressure on South African Rand Could Ease: Goldman Sachs

There is enough negativity embedded in the price of the South African Rand and pressures should ease as negative global investor sentiment towards the Chinese economy improves.

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01 August 2023 Pound to South African Rand Recovery Heads toward Setback Risk

The Pound to South African Rand exchange rate climbed further from three-month lows early in the new week but would risk losses back to a notable support level on the chart from Thursday if the lat…

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19 July 2023 Pound to South African Rand Rebound Potentially Ahead 

 af The Pound to Rand exchange rate fell heavily in the opening half of the week but could be in line for a minor rebound from Wednesday if inflation falls further in South Africa and the South…

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11 July 2023 Pound to South African Rand Rate Trades Valley of Rally for Kiss from Rose

The Pound to South African Rand exchange rate fell early in the new week but while it could descend deeper into the valley of a now receding rally on the charts, there is also the possibility of it…

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04 July 2023 Pound to South African Rand Rate Risks Test of Chart Supports Near 23.0 

The Pound to Rand exchange rate fell from fortnight highs early in the new week as the South African currency made up for ground lost prior to the weekend but with a cluster of technical suppo…

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31 May 2023 South African Rand and Japanese Yen Could Benefit from U.S. Debt Deal 

The South African Rand and Japanese Yen are among the market's biggest fallers so far in 2023 but both might benefit if a successful passage of legislation to raise the U.S. government debt ceiling…

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23 May 2023 Pound to South African Rand Rally Stalls and Risks Further Falls

The Pound to Rand exchange rate has receded from seven-year highs and could unwind more of its recent rally if the South African Reserve Bank (SARB) succeeds in steadying its undervalued currency t…

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16 May 2023 Pound to South African Rand Correction Could Take GBP/ZAR Back Near 23.50

The Pound to South African Rand exchange rate entered the new week in remission following a near miss with record highs in earlier trade but could fall further and potentially as far as the 23.50 a…

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11 May 2023 Undervalued South African Rand Flirts with SARB Forecast Near Record Lows 

The Rand neared record lows against the Pound, Dollar, Euro, and some others this week but recent losses have merely brought it into line with the South African Reserve Bank (SARB) forecasts of Apr…

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02 May 2023 Pound to South African Rand Week Ahead Forecast: Topping but Not Dropping

The Pound to South African Rand exchange rate entered a new and holiday-shortened week near post-pandemic highs but could be likely to oscillate around the 23.0 level in the days ahead with the ris…

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24 April 2023 Pound to South African Rand Week Ahead Forecast: Gaining Toehold Near 22.40

The Pound to Rand exchange rate has held onto the bulk of its April gains in recent trade and may be in the process of establishing a foothold near the 22.40 level but the upside is likely hinged o…

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28 March 2023 Pound to South African Rand Exchange Rate Struggles as SARB Risk Looms 

The Pound to South African Rand exchange rate rally has stalled at more than two-year highs in recent days but it could remain elevated near those levels if domestic economic difficulties lead…

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21 March 2023 GBP/ZAR Could Hold 22.0 Short-term

The Pound to South African Rand exchange rate has risen sharply in recent weeks to establish itself with a tentative toehold above the 22.0 handle but it could also struggle to extend the rally by …

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13 March 2023 Pound to South African Rand Week Ahead Forecast: Buoyant Above 21.7652

The Pound to Rand exchange rate entered the new week on the front foot and could remain buoyant close to 18-month highs up ahead as Sterling and its South African counterpart navigate a busy s…

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21 February 2023 Pound to South African Rand Rate Climbs as Energy Woe Risks Economic Disaster

The Pound to Rand exchange rate reached 18-month highs early in the new week amid a broad rally in Sterling and widespread losses for the Rand but GBP/ZAR could potentially rise further in the days…

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15 September 2022 South African Rand Facing Risk of High Volatility in Central Bank Bonanza 

The South African Rand fell to two-year lows in the penultimate session of the week and could be heading toward highly volatile week in which the South African Reserve Bank (SARB) is set to announc…

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06 September 2022 South African Rand Subdued by Strong Dollar as Buoyant Sterling Aids GBP/ZAR 

The Pound to Rand exchange rate rallied early in the new week as a rising U.S. Dollar weighed on other currencies while Sterling benefited from the appointment of a new UK Prime Minister, although …

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