GBPTHB Eyes CBI Survey BRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: GBPTHB is likely to move sideways with a slightly soft bias, as downward pressure on the US Dollar continues to lend support to the Thai Baht, capping upside momentum for the pair. Today, traders are eyeing the UK CBI Distributive Trades survey; a positive reading could offer short-term support to the British Pound. Technical Outlook: The broader technical stance for GBPTHB remains bearish, marked by a series of Lower Highs and bearish BOS structures beneath the downtrend line. While price is nearing support, breaking above immediate resistance and the downtrend line is necessary to trigger a bullish recovery toward the 44.95–44.99 target area. Support Level : 44.76 (Bearish Target: 44.73) Target : 44.95 – 44.99 Stop Loss : 44.75