- Easy Tracking In The Watchlist
Weaker technical forecast for ZAR/GBP as currency pair downgraded to Hold/Accumulate
(Updated on Jul 10, 2026)
The ZAR/GBP currency pair price fell by -0.291% on the last day (Friday, 10th Jul 2026) from £0.0457 to £0.0456. During the last trading day the currency pair fluctuated 0.373% from a day low at £0.0456 to a day high of £0.0458. The price has fallen in 6 of the last 10 days and is down by -0.93% for this period. Volume fell on the last day along with the currency pair, which is actually a good sign as volume should follow the currency pair. On the last day, the trading volume fell by -11 thousand shares and in total, 103 thousand shares were bought and sold for approximately £4.72 thousand.
The currency pair lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the currency pair is expected to rise 3.29% during the next 3 months and, with a 90% probability hold a price between £0.0467 and £0.0478 at the end of this 3-month period.
ZARGBP Signals & Forecast
There are few to no technical positive signals at the moment. The ZAR/GBP currency pair holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the currency pair. On corrections up, there will be some resistance from the lines at £0.0459 and £0.0457. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, July 02, 2026, and so far it has fallen -1.18%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this currency pair may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The currency pair had a Golden Star Signal on Tuesday, June 09, 2026 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the currency pair in question.
Golden Star 12 Months
The currency pair had a Golden Star Signal on Tuesday, June 09, 2026 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the currency pair in question.
Support, Risk & Stop-loss for ZAR/GBP currency pair
ZAR/GBP finds support from accumulated volume at £0.0452 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the currency pair tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the currency pair During the last day, the currency pair moved £0.0002 between high and low, or 0.373%. For the last week the currency pair has had daily average volatility of 0.601%
Our recommended stop-loss: £0.0435 (-4.51%) (This currency pair has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (ZARGBP) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect ZAR/GBP to open at £0.0456, and during the day (based on 14 day Average True Range), to move between £0.0454 and £0.0458, which gives a possible trading interval of +/-£0.0003 (+/-0.73%) up or down from last closing price. If ZAR/GBP takes out the full calculated possible swing range there will be an estimated 0.73% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £0.0456 (0.04%) than the support at £0.0452 (0.83%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is ZAR/GBP currency pair A Buy?
ZAR/GBP holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this currency pair since the last evaluation from a Buy to a Hold candidate.
Current score:
-0.447
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on July 13, 2026 - £0.0456 ( 0.124%).
Want to trade but not sure how?
Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker* 
*Your capital is at risk
ZARGBP Performance
Trading levels for ZARGBP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0458 | 0.497% |
| R2 | 0.0458 | 0.355% |
| R1 | 0.0457 | 0.267% |
| Price | 0.0456 | |
| S1 | 0.0456 | -0.0181% |
| S2 | 0.0455 | -0.106% |
| S3 | 0.0455 | -0.249% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0459 | 0.615% |
| R2 | 0.0457 | 0.329% |
| R1 | 0.0456 | 0.0362% |
| Price | 0.0456 | |
| S1 | 0.0452 | -0.83% |
| S2 | 0.0442 | -3.14% |
| S3 | 0.0441 | -3.22% |
FAQ
Click here for our free guide on how to buy ZAR/GBP Currency pair.
Buy ZARGBP