Studies of the charts suggest Pound-Rand could rise up a little further in the short-term but then after that it will probably pull-back on encountering tough resistance. Oil prices, global risk tr…
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The Rand slumped Friday as investors fled emerging markets and risk assets amid signs of another escalation in the U.S.-China trade war but analysts at Bank of America are tipping the South African…
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GBP/ZAR pivots into short-term uptrend and there is a possibility of a move up to top of long-term range.
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The Rand ceded ground to its major counterparts in a risk-off market Friday and is at risk of further losses in the months ahead, according to analysts at global banking giant UBS, who say the Sout…
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The Pound-to-South-African-Rand rate was trading around 18.24 at the beginning of the new week after closing the previous one -0.23% lower on Friday and studies of the charts suggest there's a risk…
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The Rand tumbled Wednesday as investors became less pessimistic in their outlook for U.S. growth amid renewed hopes of a deal to end the trade war between the world's two largest economies, and loc…
Read more … →The Pound-to-Rand exchange rate is trading at around 18.15 at the start of the new week after declining 1.53% in the week before. Studies of the charts suggest a risk of more downside subject to a …
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The South African Rand is looking set to record its fifth consecutive daily advance against the Pound on Tuesday, amidst ongoing weakness in the British currency whilst some better-than-forecast GD…
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The Pound-to-Rand exchange rate is trading at around 18.39 at the start of the new week after declining 1.4% in the week before and studies of the charts now indicate that the pair's recent short-t…
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