GBPTHB Maintains Upward BiasBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: The GBP received a positive boost from the BRC Retail Sales Monitor, which expanded by 3.4%, substantially beating the forecasted 0.8%. This reflects resilient UK consumer spending. Although there are no major economic data releases scheduled for the rest of the day, the market will continue to gauge the BOE’s interest rate outlook. If the UK economy continues to display signs of strength, it could diminish the urgency for future interest rate cuts, thereby mitigating downward pressure on the Sterling. Consequently, GBPTHB is expected to remain stable with a slight upward bias. Technical Outlook: On the 4-hour timeframe (4H), the chart continues to move within a Sideway Up structure. The price has once again established itself above the EMA line, while the MACD line has completed a bullish crossover alongside a recovering Histogram, signaling that buying momentum is returning to the market. Furthermore, the RSI is tracking upward toward the mid-line, supporting the view that GBPTHB could rally to test the resistance zone of 43.86 – 43.90. A negative afternoon opening for the SET index could offer further fuel for the British Pound. Conversely, despite the minor recovery, the broader picture remains bound within a consolidation range; since the price has yet to clearly break through the key 43.86 resistance and the SET opened positive this morning, the pair risks a pullback toward the 43.75 support area. Support Level : 43.75 Target : 43.86 – 43.90 Stop Loss : 43.74