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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 19:09:21 Pound Rand Rate »
GBP/ZAR +0.46 Days Low Days High Last Daily
20.97561 +2.25% 20.49113 21.1065 20.51436

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

23 Feb 2021 at 3 PM - Written by Frank Davies

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...

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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

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...

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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

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...

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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

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

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...

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

26 Jan 2021 at 1 PM - Written by John Cameron

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...

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

21 Jan 2021 at 4 PM - Written by Frank Davies

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...

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GBP to ZAR Exchange Rate Struggles Near Weekly Lows despite Coronavirus Vaccine Hopes

18 Jan 2021 at 5 PM - Written by John Cameron

Coronavirus concerns continue to dampen the British Pound to South African Rand (GBP/ZAR) exchange rate’s appeal this week, but Brexit jitters have returned to weigh on the Pound as well. Still, the South African Rand’s ability to capitalise on Pound weakness has been limited as well, as market risk-aversion on global coronavirus and...

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Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as Chinese Exports Hit Record Highs in 2020

14 Jan 2021 at 2 PM - Written by John Cameron

GBP/ZAR Exchange Rate Sinks as Chinese Data Boosts Risk Appetite The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.4% today, with the pairing currently trading around R20.703. The South African Rand (ZAR) benefited from news that China – one of South Africa’s largest trading partners – ended 2020 with a record trade...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP/ZAR Outlook: Pound to Rand Exchange Rate Struggles to Advance as Rand Rebounding

13 Jan 2021 at 5 PM - Written by Ben Hughes

Despite the Pound rebounding as negative interest rate bets fade, the British Pound to South African Rand (GBP/ZAR) exchange rate is struggling for direction this week. The Pound is unable to sustain much further gains against the South African Rand, as the Rand rebounds from weeks of huge losses. Still, if the Rand rebound runs out of steam...

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