GBP Supported by BOE OutlookBRITISH POUND / THAI BAHTFX_IDC:GBPTHBYES_GroupMarket Analysis: GBPTHB is expected to remain stable to slightly stronger, capitalizing on the weaker USD. Although there are no major economic data releases from the UK today, the Pound is backed by expectations that the Bank of England (BoE) will keep interest rates elevated for longer due to above-target inflation. Nevertheless, the ultimate direction for the Sterling remains dependent on broader global market sentiment and U.S. dollar movements. Technical Outlook: On the 4-hour timeframe (4H), the overall GBPTHB chart shows a sideways-up configuration, but the short-term trend has turned bearish after breaking below the main trendline and trading below both short- and medium-term EMAs. However, buying interest has re-emerged near the 43.72 – 43.73 support area, sparking a short-term rebound. The RSI is moving near 40, indicating a slowdown in selling pressure, although a clear bullish reversal has yet to be confirmed. The MACD stays in negative territory, but the histogram is shrinking, signaling fading bearish momentum. Sustained trading above 43.72 could drive the price to test the initial resistance at 43.81, and potentially the key resistance zone at 43.86 in the short term. Support Level : 43.68 Target : 43.81 – 43.86 Stop Loss : 43.67