GBPTHB Eyes Stronger Consumer SpendingBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: The BRC Shop Price Index released earlier today at 6:01 AM came in at 1.2%, slightly better than the 1.1% forecast. This indicates that retail prices are still rising, which could support a hawkish stance from the BOE and ease near-term pressure for rate cuts. Meanwhile, the CBI Retail Sales Survey at 5:00 PM is forecasted at -52, improving from the previous -68. An upside surprise here would signal a recovery in consumer spending and bolster the GBP. Technical Outlook: The overall trend on the 4-hour timeframe (4H) remains upward. In the short term, the price has successfully rebounded to stand above the EMA line after finding buying support at 43.82. The MACD is crossing upwards with a recovering histogram, confirming the return of bullish momentum. The RSI has also crossed above the midline. If the SET index opens negative this morning, the pair is likely to push higher to test the resistance zone at 43.97 – 44.03. Conversely, warning signs include an approaching overbought RSI and a potential MACD crossover down; a positive SET open could pull the price back down to test the 43.89 – 43.84 support zone. Stop Loss : 43.82 Support Level : 43.89 – 43.84 Target : 43.97 – 44.03