GBPTHB Eyes NFPBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupYesterday Recap GBPTHB closed at 44.52 THB per British pound, trading within a narrow range as the pound lacked fresh domestic catalysts. Investors also refrained from opening new positions ahead of tonight's US Nonfarm Payrolls (NFP) report and Unemployment Rate, leaving GBPTHB primarily influenced by the direction of the US dollar. Fundamental Analysis GBPTHB is expected to trade within a sideways range with a bullish bias in the short term. Investors are monitoring the UK Halifax House Price Index, which may provide insights into the strength of the UK's housing market and the broader domestic economy. However, the market's main focus remains on the release of the US Nonfarm Payrolls (NFP), Unemployment Rate, and Average Hourly Earnings, which are expected to be the key drivers of currency markets today. If the US labor market data comes in stronger than expected, it could strengthen the US dollar and put pressure on the British pound, limiting GBPTHB's upside potential. Conversely, weaker-than-expected US employment data could weigh on the dollar, support the pound, and push GBPTHB higher. Technical Analysis GBPTHB has rebounded from its support level and is now trading above the EMA, indicating that buying momentum is gradually returning in the short term. Although the pair remains within a consolidation range, a decisive break above the 44.60 resistance level could trigger further gains toward the next resistance area at 44.63, with the 44.60–44.63 zone remaining the primary upside target. On the downside, a break below the 44.53 support level could lead to another round of short-term profit-taking and a deeper pullback. The pair's direction today will largely depend on the outcome of the US Nonfarm Payrolls (NFP) report. Bias: Sideway to Bullish Resistance: 44.60 – 44.63 Support: 44.53 Target: 44.60 – 44.63 Cut Loss: Below 44.53