Market Conditions for GBPZAR as at Oct 22, 2020
Loading Market Conditions for GBPZAR (British Pound/South African Rand)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for British Pound/South African Rand
British Pound/South African Rand ProfileThe British Pound/South African Rand (GBP/ZAR) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. GBP is the base currency and ZAR is the quote currency, meaning that 1 British Pound was worth 21.2104 South African Rand at the end of the New York trading session on Thursday, -1.18% less than at the previous close.
Technical Analysis Summary for Oct. 22, 2020
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term. Thursday's trading range has been 3509 pips (1.63%), that's above the last trading month's daily average range of 3028 pips. Further selling might move prices lower should the market test September's close-by low at 20.8844.
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