GBPTHB Eyes USD DirectionBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_Group- Yesterday Recap Yesterday, GBPTHB closed at 45.04 in the Thai market. Meanwhile, UK Manufacturing PMI came in at 51.7, above the forecast of 51.5, but down from the previous reading of 51.9, reflecting continued expansion in the manufacturing sector, although momentum eased slightly. Meanwhile, UK Mortgage Approvals came in at 56.05K, below the forecast of 59.00K and down from the previous reading of 58.22K, indicating weaker activity in the housing market. - Fundamental 2/9/26 Key News Today | Forecast | Previous There are no high-impact UK economic data releases today, so the market is likely to focus more on external factors, particularly the direction of the USD and overall financial market conditions. For the GBP, investors will continue to monitor the BoE’s monetary policy outlook and its assessment of the UK economy. If expectations for monetary policy easing decline, this could help limit downside pressure on the GBP. Meanwhile, the USD direction and overall Risk Sentiment remain key factors. Overall, GBPTHB is expected to remain range-bound with a slight bullish bias, with the main focus on the USD direction, financial market conditions, and expectations for BoE interest rates. - Technical Analysis Bias: Sideways Up GBPTHB continues to trade in a Sideways Up pattern, with key support at 44.95 and resistance around 45.06–45.08. If the price breaks above 45.06, it could move higher to test 45.08. However, if it fails to break above this level, the pair may continue to trade within the existing range. A break below 44.95 could lead to further downside. Resistance: 45.06 / 45.08 Key resistance levels. If the price breaks above 45.06, it could open further upside toward 45.08. Support: 44.95 A key support level. As long as the price holds above this level, the overall outlook remains Sideways Up. Target: 45.08 Cut Loss: 44.95 If the price breaks below 44.95, the Sideways Up structure would weaken and GBPTHB could continue to move lower.