GBP/ZAR - Results from #20

02 August 2017 Credit Downgrade Woes Weigh on SA Rand, Techs Suggest GBP/ZAR Set to Rise Further

Credit rating fears are weighing on the Rand after a recent report by Moody's caused unease amongst investors.

24 July 2017 Pound to South African Rand: Outlook for the Coming Week

The Pound to South African Rand is broadly in a sideways trend between about the 17.70 and 15.00 levels.

21 July 2017 SARB Rate Cut Ends South African Rand's Rally Against the Pound, More Cuts Seen Coming

The South African Reserve Bank (SARB) cut interest rates by 0.25% at their rate meeting on Thursday and the Rand fell back.

17 July 2017 Pound's Uptrend v Rand Still Alive, Despite Fall at Start of New Week

The Pound to South African Rand is in a short-term uptrend since forming a low in June, which is forecast to continue in the week ahead.

11 July 2017 Pound / SA Rand: Technical Target at 17.73 Amidst Heavy Political Uncertainty

At the start of the new trading week Sterling continues to rise versus the South African (SA) Rand reaching a new 2-month high of 17.58.

03 July 2017 GBP/ZAR Tipped to go Higher by Morgan Stanley

Buy Pound Sterling against the Rand say strategists at one of the world's largest investment banks.

30 June 2017 South African Rand Weakens Against the Pound After Emerging Market Exodus

The South African Rand weakened versus the Pound on Friday after emerging markets fell out of favour with investors, and political risks dominated the horizon.

26 June 2017 South African Rand Forecast to Decline Against the Pound this Week, GBP/ZAR Could Rise to 16.85

The Pound to South African Rand is in a long-term downtrend as reflected by the fact that it is still trading under a major trendline. 

19 June 2017 South African Rand's Gains Halted by BEE Legislation, but Longer-Term Uptrend v Pound Intact

The Rand is falling against the Pound due to political and economic risks as the new trading week begins.

12 June 2017 GBP / ZAR Forecast for This Week

GBP/ZAR has traded in wide, volatile, daily ranges after political and economic development but what is the outlook for the week ahead?

31 May 2017 The South African Rand Already Has Many Positives Priced In

29 May 2017 Zuma Hurts South African Rand as the New Trading Week Begins

Jacob Zuma’s survival at the helm of South African politics appears to have depressed the Rand at the start of the new trading week.

17 May 2017 Midweek Forecast for the Pound to South African Rand

The South African Rand has recovered on the back of a rise in commodity prices over the last week which on GBP/ZAR has been reflected in a mini-downtrend which began after the May 8 peak.

08 May 2017 Pound Retains Bullish tone Against South African Rand after Break Above 17.35

The GBP/ZAR pair has broken above the key December highs at 17.35 in a strong bullish thrust higher.

01 May 2017 Pound to South African Rand X-Rate Forecast for this Week

GBP/ZAR shot up from its March lows on fears about the economy after South African president Jacob Zuma replaced his respected finance minister Pravin Gordhan with an inexperienced alternative.

24 April 2017 GBP/ZAR Gaps Lower in Exhaustion Move – Recovery Expected

The Pound to South African Rand has gapped down on Monday morning due to market relief at the outcome of the first round of the French presidential election, however, it is tipped to recover my mar…

21 April 2017 South African Rand Looks to Establish Uptrend Once More

The Rand is one of the strongest currencies against the Pound in a landscape otherwise dominated by Sterling strength at the expensive of counterparts.

18 April 2017 GBP/ZAR – Uptrend Still Intact Despite Sell-Off to 16.70s

The Pound to South African Rand has fallen to the 16.70s -  below the target of 16.80 we stipulated in our midweek review, there is still a chance the pair may rebound higher again.

12 April 2017 GBP/ZAR: Midweek Review, Pulling-Back to 16.80

GBP/ZAR has formed a short-term top and is currently breaking lower.

10 April 2017 Pound to South African Rand: Techs Forecast 18.80 Eventually

The Pound to South African Rand exchange rate has temporarily spiked higher to to political risks and it remains constructive from a technical perspective, with more gains expected on the horizon.