GBPTHB Holds Sideways Bias

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GBPTHB Holds Sideways BiasBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupFriday Recap On Friday, GBPTHB closed at 44.53 in the Thai market. Meanwhile, UK Retail Sales, both MoM and YoY, came in better than expected, while Core Retail Sales recovered, indicating that UK consumer spending remained resilient, supporting GBPTHB. Fundamental 21/9/26 Key Events Today Today, there are no high-impact economic releases from the UK. Therefore, GBP is likely to be driven mainly by external market factors, particularly the USD, Bond Yields, and Risk Sentiment. In addition, the market will monitor the broader economic outlook and the Bank of England’s interest-rate outlook through movements in the bond and major currency markets. This could cause GBPTHB to move more in line with global capital flows than domestic UK factors. Overall, GBPTHB is expected to move within a range, with the main focus on the USD, Bond Yields, and Risk Sentiment. Technical Analysis — GBPTHB 1H Bias: Sideway The price is still moving within the 44.46–44.63 range while maintaining a Higher Low structure. If the price breaks above 44.58, it may move higher to test 44.63. However, if it breaks below 44.52, further downside toward 44.46 is possible. Resistance: 44.58 / 44.63 / 44.70 Support: 44.52 / 44.46 Target: 44.58 → 44.63 Cut Loss: 44.50