Pound finally about to weaken to the Rand to R22.36?It's not a fireworks analysis, but it's a start.
The GBP/ZAR is shaping up nicely with the inverse cup and handle which is preparing to break to the downside for the first time since April.
Can't believe we are in August already. But nevertheless, it is looking good for the rand, which I hope will only kick off a stronger momentum for the underrated currency.
Inv cup and Handle
Price<20 and 200MA
Target R22.36
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