British Pound Short-term Outlook: GBP/USD Selloff Breaks June Uptrend 9 22 2026
Sterling has slipped below its 200-day moving average as downside momentum carries GBP/USD toward another major technical support zone.
Michael Boutros
Sr. Technical Strategist
Expertise: Multi-timeframe Technical Analysis
Trading Style: Intraday/Swing
Experience:
- 20 years trading FX, Commodities & Equity Indices
- Nearly two decades work experience on FX trade desks, brokers and at market news / trader websites including stints at Gain Capital, MG Financial, ForexNews.com, Velocity Trade, FXCM and nearly twelve years with DailyFX.
- Over 10 years of hosting the Weekly Strategy Webinar which includes on the spot technical analysis across various markets
- Owned and operated subscription trade service for over 8 years
- Seasoned technical approach offers a look at the markets through a structured and disciplined lens applied across multiple timeframes
- Michael has spoken at numerous trader expos and conferences over the years including Las Vegas, Dubai, Australia and New York
- Cited by numerous financial publications including Reuters, Wall St Journal, CNBC, Bloomberg and KITCO
Meet our research team
Articles by Michael Boutros
Bitcoin Technical Outlook: BTC/USD Major Breakout Signals Crypto Winter May Be Over 9 22 2026
A 50% surge from the yearly low has transformed Bitcoin’s technical backdrop, with bulls now targeting the next major hurdle at the yearly open.
US Dollar Majors, Bitcoin, Gold, Oil Weekly Technical Outlook 9 21 2026
Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities, and equity indices charts this week.
Bitcoin Price Forecast: BTC/USD 42% Rally Puts Major Trend Reversal in Play 9 18 2026
Bitcoin is surging toward a major technical showdown, with bulls now challenging the barrier that could unlock another powerful leg higher.
British Pound Forecast: GBP/USD Heads for Biggest Weekly Drop Since May 9 17 2026
Sterling selling has intensified after the September range broke lower, with GBP/USD now confronting a major Fibonacci support zone.
Swiss Franc Technical Outlook: USD/CHF Breakout Rally Tests Its Limits 9 17 2026
USD/CHF has surged to fresh yearly highs, but stretched momentum is raising the risk of near-term exhaustion as the rally extends.
Canadian Dollar Short-term Outlook: USD/CAD Six-Day Rally Challenges Pivotal Resistance 9 16 2026
USD/CAD is testing major resistance at the monthly high, with the fate of the near-term recovery potentially hinging on today’s Fed decision.
Gold Technical Outlook: XAU/USD Bulls Regroup at a Critical Pivot Ahead of Fed 9 16 2026
Gold is attempting to stabilize near a pivotal technical zone, with the Fed decision poised to provide the catalyst for the next major move.
Australian Dollar Short-term Outlook: AUD/USD Reversal Tests Key Uptrend Support 9 15 2026
Aussie has reversed sharply from the September highs, with weakening momentum raising the stakes at support ahead of tomorrow’s Fed decision.
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