Pound Rand forecast - GBP ZAR

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...