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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.

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Pound South African Rand Exchange Rate Dips

2 Jun 2021 at 10 PM - Written by John Cameron

STORY LINK Pound South African Rand Exchange Rate Dips

GBP/ZAR Exchange Rate Sinks as Risk-On Mood Boosts South African Rand The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.3% today. ZAR continues to be buoyed by positive risk-sentiment as key world economies reopen. The pairing is currently fluctuating around R19.41. The South African Rand (ZAR) benefited from news that...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Heads Higher on Disappointing South African Retail Sales

20 May 2021 at 11 AM - Written by John Cameron

STORY LINK GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Heads Higher on Disappointing South African Retail Sales

The Pound to South African Rand (GBP/ZAR) exchange rate has headed higher this morning following disappointing retail sales data from South Africa. The GBP/ZAR pairing are currently trending at around 19.90 as the Pound’s gains are capped over Indian variant coronavirus concerns. Pound Sterling (GBP) Exchange Rate Limited on UK...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand Exchange Rate Steady as South Africa’s Inflation Rises in April

19 May 2021 at 5 PM - Written by John Cameron

STORY LINK Pound South African Rand Exchange Rate Steady as South Africa’s Inflation Rises in April

GBP/ZAR Exchange Rate Rangebound as South African Economy Remains Vulnerable The Pound South African Rand (GBP/ZAR) exchange rate held steady today after the latest South African consumer price index for April beat forecasts and rose by 0.7%. The pairing is currently trading around R19.89. The South African Rand also benefited from a...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

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

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

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...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

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

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

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...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

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

20 Apr 2021 at 5 PM - Written by Tim Boyer

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

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...

CATEGORIES: Pound Rand Forecasts

Pound to Rand Forecast to Struggle Despite Weaker Market Sentiment

13 Apr 2021 at 4 PM - Written by James Fuller

STORY LINK Pound to Rand Forecast to Struggle Despite Weaker Market Sentiment

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...

CATEGORIES: Pound Rand Forecasts

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

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

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...

CATEGORIES: Pound Rand Forecasts

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

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

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...

CATEGORIES: Pound Rand Forecasts

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

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

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...

CATEGORIES: Pound Rand Forecasts

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