The GBP/ZAR pair has broken above a key multi-month trendline signalling the balance of probabilities now favour more upside, with 17.50 providing an initial target but the potential for much higheโฆ
Read more … → The outlook for the South African Rand has undergone something of a transformation according to a recent note by Deutsche Bankโs Gautam Kalani.
Read more … →A poor start to the week for the South African Rand which appears to be suffering a bout of risk-off blues.
Read more … →Price charts are indicating more upside for GBP/ZAR.
Read more … →GBP/ZAR gapped down on Monday and then reversed and surged higher after Theresa Mayโs Brexit speech encouraged Sterling bulls.
Read more … →Analysts at HSBC see the Rand as likely to have a year of two halves.
Read more … →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.
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