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Pound Rand forecast - GBP ZAR

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

LIVE EXCHANGE RATE 18:10:55 Pound Rand Rate »
GBP/ZAR -0.1 Days Low Days High Last Daily
19.84538 -0.5% 19.84389 19.96637 19.94505

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as Outlook for UK Economy Continues to Improve

4 May 2021 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate as UK Factory Growth Boosts Sterling The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.3% today as the outlook for the UK economy continues to improve. The pairing is currently trading around R20.06. Sterling rose against the South African Rand today following the publication of the latest UK...

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Pound South African Rand (GBP/ZAR) Exchange Rate Falls Despite Concerns for South Africa’s Economy

21 Apr 2021 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Sinks as Confidence in South African Economy Improves The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.3% today despite signs that South Africa’s economic recovery is beginning to slow down. The pairing is currently fluctuating around R19.86. Michelle Dickens, chief executive officer at TPN Credit...

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GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Continues Shaky Recovery

20 Apr 2021 at 5 PM - Written by Tim Boyer

Uncertainty around the UK job market outlook, as well as lingering Rand demand, has been limiting the British Pound to South African Rand (GBP/ZAR) exchange rate’s advance potential. Still, the pair continues to attempt to advance this week as it rebounds from its worst levels seen last week. Key UK and South African inflation data could...

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Pound to Rand Forecast to Struggle Despite Weaker Market Sentiment

13 Apr 2021 at 4 PM - Written by James Fuller

Despite a lack of particularly strong South African data lately, the British Pound to South African Rand (GBP/ZAR) exchange rate has been struggling to recover from its worst levels since last week. Sterling remains broadly appealing, but was only able to advance more easily after today’s US data weakened market sentiment and made the South...

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GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Near 2021 Worst as Rand Rally Continues

9 Apr 2021 at 12 PM - Written by Tim Boyer

Despite concerns about weakness in South Africa’s economy, the British Pound to South African Rand (GBP/ZAR) exchange rate continues to trend lower and lower as the Rand capitalises on the latest market moods. Sterling has been sold on profit-taking and fresh coronavirus vaccine concerns all week, and higher demand for risk and emerging...

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GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Hits Monthly Worst as Sterling Tumbles

24 Mar 2021 at 4 PM - Written by John Cameron

Despite panic about a central bank shakeup in Turkey at the beginning of the week, the British Pound to South African Rand (GBP/ZAR) exchange rate has been tumbling this week. The Rand has managed to shake off this week’s aversion to risk taking, while the Pound is weakened by the latest UK inflation rate results and concerns about UK-EU...

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GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Kept Under Pressure by Fed Expectations

17 Mar 2021 at 1 PM - Written by David Woodsmith

Since opening this week, the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending with a downside bias. The South African Rand is attempting to sustain its recent gains as markets await central bank news, while the Pound’s recent rally has run out of steam for now. The pair has the potential to climb in the coming...

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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

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...

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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

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...

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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

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...

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