GBP/ZAR

22 December 2017 Pound-to-Rand Exchange Rate Pre-Xmas Update and 2018 Primer

South Africa’s Rand has held onto gains made since the ANC leadership election and analysts are now looking February’s credit rating decision (likely) as the next main event for the currency.

19 December 2017 The South African Rand is Now Overvalued after Ramaphosa Win and the Work is Only Just Beginning

Cyril Ramaphosa’s election to lead the ANC has spurred the Rand higher and could mean a new dawn in South African politics but how much higher can the currency go?

28 November 2017 South African Rand Rally is Overdone says Strategist as Ratings News "Remains Dire"

Strange but true: the Rand is strengthening, yet what could be propelling it higher and will it last?

23 November 2017 South African Rand Nerves Ahead Imminent Rating Review

The South African currency is at risk of a sell-off on Friday as rating agencies decide whether to downgrade the country's credit rating or not, with potentially devastating consequences for its cu…

13 November 2017 Pound-to-South African Rand Rate Technical Forecast: Sterling Could Rise in Coming Week but Political Drivers Could Shake the Market

A compelling chart pattern favours a rise in the Pound-to-Rand in the week ahead, with political risks for both currencies potentially providing the high volatility drivers.

06 November 2017 The Pound-to-South African Rand this Week: Technical Forecast, News, Views and Data

The Pound-to-South African Rand is at a crossroads on price charts as we enter the new trading, though a lack of market-moving data means the outlook could remain fuzzy for some time.

30 October 2017 Pound-to-Rand Rate May Rate Have Peaked Suggest Technicals

The Rand weakened substantially following last week's budget but losses may only have been temporary suggests one interpretation, backed up by several analysts views.

23 October 2017 Pound-to-South African Rand Technical Studies Suggest the Pair is Poised to Resume its Uptrend

The Pound-to-South African Rand seems to have finished correcting back and now looks poised to advance in the coming, helped by subsiding Brexit fears and what many expect to be a disappointing bud…

19 October 2017 Rand Retreats As a Resurgent US Dollar Sideswipes Emerging Market Currencies

The South African Rand started moving down as the Dollar moved higher at the end of the trading week, inversely mirroring the movements of the greenback. 

17 October 2017 Pound-to-Rand Rate Technicals: More Falls to Next Target at 17.47 Possible

The Pound-to-Rand exchange rate's short-term trend higher stalled following a major ruling by the supreme court against President Zuma, and the exchange rate has since started moving lower; now it …

09 October 2017 Dog Days for the South African Rand

The charts foretell of more weakness for the Rand; its attractiveness to investors has been brought into question by an increasingly risky political and economic backdrop, and it is falling due to …

25 September 2017 Pound-to-South African Rand: Forecast, News and Data for the Remainder of the Week

There is no real change from our previous technical forecast for the Rand which has pulled back marginally over the last week but is still in an established uptrend which is expected to continue.

22 September 2017 Souring Rand Outlook Causes Central Bank's 'Bond Fire of the Vanities'

21 September 2017 The South African Rand Rises After Reserve Bank Keeps Rates Unchanged

11 September 2017 South African Rand at Risk of Further Near-Term Losses vs the Pound

A surprise 2.5% boost to second quarter growth was not enough to support the South African Rand last week, which ended Friday lower against the Pound.

04 September 2017 Pound vs South African Rand: Tech Forecast For Next Five Days

The Pound to Rand, like most Sterling pairs, has been falling for most of August as expectations that the Bank of England (BOE) might raise interest rates have slowly evaporated.

29 August 2017 Pound to Rand Rate Outlook: Technical Update Shows Sterling Still Marginally Favoured

The South African Rand has risen steadily against Sterling during the month of August but a strong bounce by the UK currency on Monday has brought this trend into question. 

22 August 2017 Pound to Rand Rate: Tech & Fundamental Outlook for This Week

The South African Rand has a, “mild bias for gains but is really going no-where,” according to strategist Richard Cairns, of Rand Merchant Bank (RMB).

09 August 2017 Rand Selling Extends as 'Zuma Effect' Continues to Drive ZAR Markets

The Rand is still falling, in what is now a familiar pattern, after the news that the South African (SA) President, Jacob Zuma, narrowly survived a vote of no-confidence on Tuesday.

07 August 2017 South African Rand Surges vs Sterling as Zuma No-Confidence Vote to be Held in Secret

The Pound to Rand exchange rate has consolidated its break above the major multi-month trend-line and is forging higher- reinforcing the expectation that the Rand will weaken.