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Archive - 9/25/2026 - Sign In to see current Signals. |
CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB gave back -1.23 points, or -0.96%, and closed at 127.56 on Friday, September 25, 2026. Weekly volume was 70% above average.
Long-term trend: [See FXB long-term trend chart] A long-term uptrend had started on September 28, 2022 at 102.20 and reached 133.11 on January 29, 2026. FXB gained -30.91 points, or -30.24%, in 174 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (129.15) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXB may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See FXB medium-term trend chart] A medium-term downtrend had started on August 25, 2026 at 131.37 and reached 127.11 on September 24, 2026. FXB lost 4.26 points, or 3.24%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (130.29) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See FXB weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See FXB short-term trend chart] A short-term downtrend had started on September 11, 2026 at 130.07 and reached 127.11 on September 24, 2026. FXB lost 2.96 points, or 2.28%, in 13 days. The price is now at the 15.20% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since August 27, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. A Parabolic SAR (stop and reversal) indicator (128.19) comes close to the price (127.56). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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