Macro Currency Strength
GBP = 21(+7)
ZAR = -24 (-24)
COT Report Lev Funds
GBP = Long (slightly dec)
ZAR = NA
GDP Differentials = -1.2% (2022 forecast)
IR % Differentials = -3.4%
Weekly Price Trend = Long
Overall, based on fundamental strength, price trend, and COT a Long on GBPZAR looks favourable.
BUT as interest rates, and GDP growth rates showing...
