GBPTHB Eyes Jackson HoleBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_Group- Yesterday Recap 27/8/26 Yesterday, GBPTHB closed at 44.62 in the Thai market. There were no major UK economic releases, while the market focused on the direction of the USD, U.S. Bond Yields, and Jackson Hole, which remain important factors for GBP/USD. - Fundamental Analysis GBPTHB — Fundamental 28/8/26 Key News Today There are no major high-impact UK economic releases today. Therefore, the market will focus on the direction of the USD, U.S. Bond Yields, and Risk Sentiment, along with expectations for the BoE’s monetary policy. If the market reduces expectations for BoE rate cuts, this could help support the GBP. Meanwhile, if Fed comments at Jackson Hole take a Hawkish tone, this could support the USD and put pressure on GBP/USD, creating a negative factor for GBPTHB. On the Thai Baht side, the Thai stock market opened lower due to foreign selling pressure, which could weigh on the Baht in the short term and help limit the downside of GBPTHB. However, if the market returns to a Risk-On environment and the Baht strengthens in line with global market sentiment, this could put pressure on GBPTHB. Overall, GBPTHB is likely to trade within a volatile range, with the main focus on Jackson Hole, the USD, Bond Yields, the BoE, and the direction of the Thai Baht. - Technical Analysis Bias: Bullish GBPTHB remains Bullish after breaking above 44.80, with 44.70 as a key support level. As long as the price holds above this level, GBPTHB could move higher toward the 44.88 target. Resistance: 44.80 A key resistance level that the price has already broken above. If GBPTHB can sustain above 44.80, it could open further upside. Support: 44.70 The main support level, with the FVG located around 44.74. If the price pulls back but remains above 44.70, the bullish structure remains intact. Target: 44.88 The next target around 44.88, which is the previous resistance/high. Cut Loss: 44.70 A break below 44.70 would signal that the breakout above 44.80 has failed and could lead to a pullback back into the previous trading range.