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Pound Rand forecast page 2 - GBP ZAR

A round up of the latest Pound Rand forecast news items from the Currency News desk.

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22.00735 ▼ -0.15% 21.96501 22.05341 22.04089

Pound South African Rand (GBP/ZAR) Exchange Rate Steady as UK-EU Tensions Weigh on UK Market Mood

16 Mar 2021 at 3 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Steady as UK-EU Tensions Weigh on UK Market Mood

GBP/NZD Exchange Rate Rangebound as UK-EU Relations Sour The Pound South African Rand (GBP/ZAR) exchange rate held steady today as concerns over souring UK-EU relations have weighed on confidence in the UK economy. The pairing is currently fluctuating around R20.63. Marios Hadjikyriacos of XM explains: ‘Sterling is on the retreat...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Sheds Last Week’s Gains after US Stimulus Passed

11 Mar 2021 at 12 PM - Written by Ben Hughes

STORY LINK GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Sheds Last Week’s Gains after US Stimulus Passed

Despite broad optimism that Britain’s economy will gain momentum, the British Pound to South African Rand (GBP/ZAR) exchange rate has been tumbling from its best levels this week. As the South African Rand is bolstered by global sentiment it continues to climb strongly today, and markets now await tomorrows slew of UK data and South African...

CATEGORIES: Pound Rand Forecasts

GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Eyes South African Data after Growth Rate Impresses

9 Mar 2021 at 3 PM - Written by David Woodsmith

STORY LINK GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Eyes South African Data after Growth Rate Impresses

Despite the Pound’s continued broad appeal, the British Pound to South African Rand (GBP/ZAR) exchange rate slipped back from its best levels in months today amid a rebound in demand for the South African Rand. Strength in the Rand may be limited, but if South African data continues to impress investors, then the pair is likely to struggle...

CATEGORIES: Pound Rand Forecasts

Pound to South African Rand Exchange Rate Struggles to Hold Gains as Rand Volatile

23 Feb 2021 at 3 PM - Written by Frank Davies

STORY LINK Pound to South African Rand Exchange Rate Struggles to Hold Gains as Rand Volatile

Despite continued strong demand for the Pound, the British Pound to South African Rand (GBP/ZAR) exchange rate is struggling to hold its advance attempts. This is because the risky emerging market correlated South African Rand continues to benefit from global risk demand, though its appeal has been dented slightly by market anticipation for...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Recovery Attempt Limited as UK Economy Sees Worst Shrinkage in 300 Years

12 Feb 2021 at 12 PM - Written by Toni Johnson

STORY LINK GBP to ZAR Exchange Rate Recovery Attempt Limited as UK Economy Sees Worst Shrinkage in 300 Years

Despite today’s UK growth rate report beating forecasts, Britain’s economic data remained broadly concerning and the British Pound to South African Rand (GBP/ZAR) exchange rate remains under pressure as a result. The South African Rand looks like it could sustain much of the impressive gains it saw over the past week, as markets digest...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Tumbles to Month’s Worst despite UK’s Vaccine Optimism

11 Feb 2021 at 4 PM - Written by James Fuller

STORY LINK GBP to ZAR Exchange Rate Tumbles to Month’s Worst despite UK’s Vaccine Optimism

Despite broad demand for the Pound in recent weeks, the British Pound to South African Rand (GBP/ZAR) exchange rate has been tumbling. Investors are buying the South African Rand on market sentiment even more than the Pound, despite South Africa’s own mixed coronavirus pandemic outlook. Investors have been more willing to take risks on...

CATEGORIES: Pound Rand Forecasts

Outlook for Pound to Rand Exchange Rate Today: GBP ZAR/Falls as Silver Price Hit Eight Year Best

1 Feb 2021 at 3 PM - Written by John Cameron

STORY LINK Outlook for Pound to Rand Exchange Rate Today: GBP ZAR/Falls as Silver Price Hit Eight Year Best

GBP/ZAR Exchange Rate Sinks as Risk-On Markets Boost Appetite for South African Rand The Pound to South African Rand exchange rate fell by -0.5% today, with the pairing currently fluctuating around R20.61. The South African Rand benefited from risk-on market mood today after silver prices hit an eight-year high. Analysts at Bloomberg...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP/ZAR Exchange Rate Continued Volatility

28 Jan 2021 at 4 PM - Written by James Fuller

STORY LINK GBP/ZAR Exchange Rate Continued Volatility

Demand for both the Pound and South African Rand continues to leave the British Pound to South African Rand (GBP/ZAR) exchange rate’s movements volatile. The Pound is attempting to benefit from weakness in rival currencies, but the market’s mood continues to slightly benefit the South African Rand as well. Overall, uncertainty remains a...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Holding Higher as Coronavirus Uncertainties Weigh on Risky Rand

26 Jan 2021 at 1 PM - Written by John Cameron

STORY LINK GBP to ZAR Exchange Rate Holding Higher as Coronavirus Uncertainties Weigh on Risky Rand

Despite mixed demand for the Pound this week, the British Pound to South African Rand (GBP/ZAR) exchange rate has been able to sustain gains due to weakness in the Rand. Investors are a little more hesitant to take risks this week, and this combined with South Africa’s concerning coronavirus situation is leading to Rand losses. Since...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand Exchange Rate Gains Ground on SA Retail Sales Contraction

21 Jan 2021 at 4 PM - Written by Frank Davies

STORY LINK Pound South African Rand Exchange Rate Gains Ground on SA Retail Sales Contraction

Pound South African Rand Exchange Rate Rallies as SA Retail Sales Tumble As South African retail sales contracted further than forecast in November this helped to boost the Pound Sterling to South African Rand (GBP/ZAR) exchange rate. A -4% drop in sales on the year suggests that confidence among consumers remained limited during the...

CATEGORIES: Pound Rand Forecasts

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