The GBP/ZAR pair is pulling back after breaking higher but two bullish candlestick patterns at the start of the upmove are supporting a more bullish reversal outlook for the pair.
Read more … →GBP/ZAR falls into the 16.00s after relief for rand following the dropping of fraud charges against Finance Minister, Pravin Gordhan.
Read more … →The Pound to Rand exchange rate has rallied by over a percent as South Africaโs finance minister delivers his mini-budget.
Read more … →GBP/ZAR continues its downtrend despite technical warning signs of reversal as Gordhan gains yet more powerful allies.
Read more … →The randโs value has been exaggeratedly bid up due to hype over inflows from the merger between Johannesburg-based brewer SABMIller and AB InBev, argues the Italian lender.
Read more … →Increased political and economic risks produce pain for the South African Rand.
Read more … →GBP/ZAR is showing signs of bottoming although the fundamental outlook for both the pound and the rand look quite bleak.
Read more … → The rand looks set to gain on continued inflows from the merger of Johannesburg-based SABMiller and AB InBev, the two largest brewers in the world, whilst sterling remains vulnerable to Brexiโฆ
Read more … →GBP/ZAR continues falling broadly as balance of fundamentals support South African Rand.
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