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Pound / South African Rand: More Upside Potential

Pound / South African Rand: More Upside Potential

Price charts are indicating more upside for GBP/ZAR.


Live British Pound to South African Rand Exchange Rate(GBP/ZAR) Interbank Conversion:

What is the British Pound to South African Rand Rate Today?

The live GBP/ZAR exchange rate is 16.8402
Change on Previous Day's Close -0.21%

How does Today’s South African Rand Rate Compare with Previous Rates?

Today’s opening exchange rate is 16.8469
Today’s lowest exchange rate is 16.8291
Today’s best exchange rate is 16.8945
Best exchange rate of the year-to-date is 23.7481 (2016-02-03)
The lowest exchange rate of the year-to-date is 16.1942 (2017-01-16)

News and Forecasts:


Pound / South African Rand: More Upside Potential

23 January, 2017 |

Price charts are indicating more upside for GBP/ZAR.


South African Rand vs the Pound: GBP/ZAR Turning Positive, 16.9500 in Crosshairs

19 January, 2017 |

GBP/ZAR gapped down on Monday and then reversed and surged higher after Theresa May’s Brexit speech encouraged Sterling bulls.


South African Rand in 2017: a Game of Two ZARs say HSBC

16 January, 2017 |

Analysts at HSBC see the Rand as likely to have a year of two halves.


South African Rand / Pound: GBP/ZAR Bounce Possible

10 January, 2017 |

The Pound to Rand exchange rate (GBP/ZAR) is falling towards its three-year lows as the long-term downtrend takes over and starts driving the exchange rate down again.


Rand to see Strength Against Pound Fade this Week

12 December, 2016 |

Trump-inspired global reflationary hopes responsible for Rand recovery but technicals point to weakness on the horizon.


South African Rand Boosted as Markets Welcome Talk of Italian Banking Rescue

06 December, 2016 |

The GBP/ZAR pair pulled back at the start of the new trading week as the market shrugged off fears linked to political drama in Italy and continued supporting risk appetite, at least globally, which played into ZAR’s hands.


Zuma Survives Challenge, South African Rand Falls Accordingly but Forecast to Maintain Som…

28 November, 2016 |

Higher yielding currencies like the Rand clawed back gains on Monday as the chances of a deal being struck by OPEC seemed to fade, whilst a backlash in the ANC raised hopes President Zuma would resign.


South African Rand Advances Against Pound but too Early to Call Sustained Recovery

21 November, 2016 |

The meeting of the South African Reserve Bank rates on Thursday, Nov 24 and Moody’s Credit Rating Review on Friday the 25th are the two main events impacting on the Rand in the week ahead.


South African Rand Leaps Against the Pound

14 November, 2016 |

A mixture of emerging market weakness due to fears of the impact of Trump’s policies and Sterling rising from a hope of a special trade deal being struck with the US have led to a trend reversal in GBP/ZAR.

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UniCredit: South African Rand Now Overvalued Due to M&A Hype
South African Rand Outlook Downgraded at Credit Suisse
The South African Rand Slips on Latest Gordhan Summons, Pound Sterling in Strong Recovery
South African Rand Still Within Recent Ranges Against Pound, But Forecast to Strengthen
Pound's Ongoing Relief Rally Against South African Rand Confirms 17.50 as Major Support Zone
RMB: "Amazingly Strong" South African Rand Rally Unlikely to Dissipate
Pound / South African Rand Exchange Rate Outlook: A Mixed Bag
South African Rand Strength Against Pound Sterling Seen Ending
Pound Jumps Against South African Rand as Global Risk Sentiment Sours but Still too Early to Call End to ZAR Strength
Pound Forecast to Extend Advances Against South African Rand on Combination of Drivers

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