Pound Rand forecast page 3 - GBP ZAR

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...

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...

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...

GBP/ZAR Exchange Rate Edges Higher Despite UK Restrictions Being Under Review The Pound to South African Rand (GBP/ZAR) exchange rate rose by 0.7% today, with the pairing currently trading around R20.85. Sterling rose against the South African Rand (ZAR) today despite concerns over England facing stricter Covid-19 lockdown restrictions...

South African Lockdown Fears Drag on ZAR The Pound to South African Rand (GBP/ZAR) exchange rate soared by 2% today, with the pairing currently trading around R20.404. The South African Rand (ZAR) fell today as speculation grows over South Africa’s new lockdown. South African President Cyril Ramaphosa is expected to address the...

The British Pound to South African Rand (GBP/ZAR) exchange rate has been struggling for direction this week so far. With Brexit uncertainties rising and coronavirus cases surging, markets are becoming more jittery and currency movement has been increasingly volatile. The Pound’s volatility is only likely to worsen as well, at least until...

GBP/ZAR Exchange Rate Sinks Despite Rising Concerns Over South Africa’s Economic Future The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.9% today, with the pairing currently trading around R20.033. The South African Rand (ZAR) rose today following the release of South Africa’s Gross Domestic Product data for the...

GBP/ZAR Exchange Rate as No-Deal Fears Haunt UK Markets The Pound to South African Rand (GBP/ZAR) exchange rate fell by -1% today, with the pairing currently fluctuating around R20.174. Sterling suffered today as fears continue to grow that UK-EU trade talks could end in a possible no-deal scenario. Despite both sides reaching a...

Despite market risk-sentiment on hopes for a global recover from the coronavirus pandemic next year, the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending with an upside bias over the past week. As the risk-rally loses steam, concerns about South Africa’s economic outlook are putting more pressure on the South...

Brexit hopes rising this week have not been enough to keep the British Pound to South African Rand (GBP/ZAR) exchange rate near its best levels. Instead, markets have been impressed by all the good news in recent weeks, which is making high yielding risk and emerging market currencies like the South African Rand particularly appealing....