GBPTHB Eyes UK Lending DataBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: GBPTHB is expected to trade within a range today as the market monitors UK net lending to individuals, mortgage approvals, and M4 money supply data to gauge the health of the UK economy and the Bank of England’s (BoE) monetary policy outlook. Stronger-than-expected credit and lending figures could provide short-term support for the Pound. However, overall direction remains heavily influenced by US Dollar movements ahead of the upcoming Fed meeting. Technical Outlook: The overall technical structure for GBPTHB remains in a Downtrend, with price action continuing to trade below the Down Trend Line. Despite a slight buying recovery near short-term support levels, this rebound stays contained within the broader downward trend as price has yet to break above the trendline and resistance. A breakout and sustained hold above the Down Trend Line and the 44.62 resistance level would confirm buying momentum, opening the door for further upside toward 44.66–44.70 in line with the Bullish Scenario. Risk Factors: Although selling pressure has begun to subside, the primary structure remains bearish. Failure to clear the Down Trend Line could trigger another wave of selling pressure. A break below 44.45 would increase the likelihood of further depreciation toward 44.40–44.35 as outlined in the Bearish Scenario. Support Level : 44.45 Target : 44.66 – 44.70 Stop Loss : 44.43