GBPTHB Awaits UK Jobs DataBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: GBPTHB is expected to trade with a steady-to-bullish bias in the short term. Due to a light UK economic calendar today, the Sterling will largely move in tandem with US Dollar dynamics and broader global market sentiment. Investors are holding back on major positions ahead of tomorrow’s UK labor market report, which will offer crucial insights into the UK economic outlook and the Bank of England’s (BoE) rate path. Technical Outlook: Sideways to Sideways Up. The chart is transitioning into a Sideways to Sideways Up structure following its correction from the 45.48 high. Price action is holding above key support at 45.15 and attempting to build a base around 45.24–45.28. A sustained hold above this base opens room for a rebound toward the 45.31–45.35 resistance zone (Fibonacci 50.0–61.8). A weak open in Thai equities offers supplementary tailwinds. Conversely, failure to clear 45.28–45.31 could trigger selling pressure back toward 45.15–45.11, where a breach below 45.15 would signal weakening demand and risk a decline into the Order Block zone around 45.11. Support : 45.15 – 45.11 Resistance : 45.28 – 45.31 Target : 45.31 – 45.35 Cut Loss : 45.14