GBPTHB Eyes Jackson HoleBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupYesterday Recap — 26/8/26 GBPTHB closed at 44.63 in the Thai market yesterday. The GBP continued to move mainly in line with GBP/USD and the USD, while the market remained focused on BoE interest-rate expectations and the direction of UK bond yields. Fundamental Analysis — 27/8/26 Key Events Tonight No major UK economic data There are no major UK economic releases today with a significant expected market impact. As a result, GBP is likely to be driven mainly by BoE interest-rate expectations, UK bond yields, and GBP/USD. The market is also focusing on US Initial Jobless Claims and Jackson Hole. If US data comes in stronger than expected or Fed officials signal a more hawkish stance, this could support the USD and put pressure on GBP/USD, creating a negative factor for GBPTHB. Conversely, weaker-than-expected US data or a more dovish Fed signal could weigh on the USD and support GBP/USD. Meanwhile, the Thai stock market opened higher, led by large-cap stocks including DELTA, following positive sentiment surrounding NVIDIA's earnings. This could support the Thai baht and create additional downside pressure on GBPTHB. Overall, GBPTHB is expected to trade within a range, with the main focus on Jackson Hole, the USD, GBP/USD, and the direction of the Thai baht. Technical Analysis Bias: Sideways GBPTHB is trading within the 44.56–44.66 range, with no clear directional momentum at this stage. The pair is therefore expected to remain sideways, with a breakout of the current range needed to confirm the next direction. Resistance: 44.66 Key resistance of the current range. A break above 44.66 could open the way for further upside. Support: 44.56 Key support level. As long as the price holds above 44.56, GBPTHB is likely to continue trading within the current range.