GBPTHB Follows USD DirectionBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: The GBPTHB pair is expected to move primarily in line with the US Dollar, given the absence of major UK economic data releases today. However, investors continue to focus on the UK’s persistently high inflation outlook, which is likely to prompt the Bank of England (BoE) to maintain elevated interest rates for a longer period. This fundamental backdrop should provide medium-term support for the Pound. Technical Outlook: On the 4-hour timeframe (4H), the overall structure exhibits a sideways pattern. In the short term, signs of recovery are emerging from the key support zone of 43.60 – 43.67, following a clear wave of buying pressure that pushed the price back above the short-term EMA. Meanwhile, the RSI is heading toward the 50 level, indicating returning bullish momentum, and the MACD has crossed above its signal line with the histogram expanding in positive territory, suggesting that short-term buyers are gaining the upper hand. If the price can sustain its position above 43.72, it has a chance to test the immediate resistance at 43.77, with a further breakout potentially exposing the major resistance zone at 43.80 – 43.82, where previous selling pressure has accumulated. Risks: Despite the recovering short-term momentum, the price is still trading below the critical resistance zone of 43.77 – 43.82, a former support area that has flipped into resistance. Failure to clear this barrier could trigger profit-taking, which might drag GBPTHB back down to retest the support level at 43.65. Support Level : 43.65 Target : 43.72 – 43.77 Stop Loss : 43.63