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 |
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20.97561 |
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+2.25% |
20.49113 |
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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
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 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
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
GBP to ZAR Exchange Rate Struggles Near Weekly Lows despite Coronavirus Vaccine Hopes
18 Jan 2021 at 5 PM - Written by John Cameron
STORY LINK GBP to ZAR Exchange Rate Struggles Near Weekly Lows despite Coronavirus Vaccine Hopes
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...
CATEGORIES: Pound 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
STORY LINK GBP/ZAR Outlook: Pound to Rand Exchange Rate Struggles to Advance as Rand Rebounding
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...
CATEGORIES: Pound Rand Forecasts