GBPTHB Eyes UK InflationBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: GBPTHB is expected to trade range-bound with a tilt toward short-term downside pressure due to a firm DXY index weighing on the Sterling. Market participants are keenly awaiting today’s UK CPI and Core CPI reports, which serve as crucial catalysts for the Bank of England’s (BoE) rate path. A lower-than-expected inflation print would bolster BoE rate cut expectations, weakening the GBP further and adding downward pressure on GBPTHB. On the domestic front, a negative start in the Thai equity market may limit Baht buying, cushioning GBPTHB from deeper losses despite broader GBP softness against the dollar. Technical Outlook: Technical Rebound (Testing Downtrend Line). The chart displays initial recovery signals after bouncing off an Order Block (OB) zone following a pullback from its Swing High. Price action is currently testing a key Downtrend Line resistance at 45.22, which serves as a pivot for a potential bullish trend reversal. If the price successfully clears 45.22 and maintains its Higher High and Higher Low structure, it opens the door for a continuation toward the 45.29–45.34 target range. Conversely, because the price remains below the primary Downtrend Line, rejection at 45.22 could spark renewed selling toward the 45.16–45.10 support area. Support : 45.20 – 45.10 Resistance : 45.22 Target : 45.29 – 45.34 Cut Loss : 45.09