GBPTHB — 15 October 2026
BRITISH POUND / THAI BAHT FX_IDC:GBPTHB
British Pound / Thai Baht
Analysis
GBPTHB is moving sideways below the 44.47 resistance level. Markets expect around a 90% probability of a BoE rate hike, providing support for the pound.
The higher-than-expected US CPI is supporting the dollar, while elevated oil prices are also providing support for the USD.
UK GDP for August will be released tomorrow at 13:00, with expectations at -0.1%.
Technically, consider Sell on Rally near 44.47/44.50, targeting 44.40.
Trading Setup
Bias: Sideways
Strategy: Sell on Rally
Resistance: 44.47 / 44.50
Support: 44.40 / 44.34
Target: 44.40
Stop Loss: 44.53
source https://www.tradingview.com/chart/GBPTHB/uIbNjGI8-GBPTHB-15-October-2026/
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