GBPTHB Eyes US CPIBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupYesterday Recap Yesterday, GBPTHB closed at 44.78, with the pair continuing to rise and testing the 44.78–44.80 zone before facing selling pressure and pulling back. This suggests that buying momentum is beginning to weaken around the key resistance area. Fundamental Analysis – 12 Aug 2026 GBPTHB is expected to trade within a range with a short-term bearish bias. There are no major economic data releases from the UK today, while Thai markets are closed for National Mother’s Day, which may result in thinner liquidity in the Thai baht market. Meanwhile, the market is primarily focused on U.S. CPI and the direction of the USD. If U.S. CPI comes in higher than expected, it could support the USD and put pressure on GBPTHB. Conversely, weaker-than-expected CPI could weigh on the USD and create room for GBPTHB to recover. Technical Analysis The technical outlook is Sideway to Bearish after the price tested the 44.78–44.80 area and came under selling pressure. The RSI is beginning to weaken, while the MACD Histogram has turned negative, indicating that bullish momentum is starting to fade. If the price breaks below 44.67, it could decline further toward the 44.64 area. Bias: Sideway to Bearish Resistance: 44.78 – 44.80 Support: 44.67 – 44.64 Target: 44.67 – 44.64 (Bearish Scenario) Cut Loss: 44.81 (for the short position)