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Archive - 2/6/2026 - 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 -0.77 points, or -0.58%, and closed at 130.87 on Friday, February 6, 2026. It was the worst weekly loss since October 31, 2025. Weekly volume was -37% below 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 trend support level is at 125.77 and resistance is at 133.95. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See FXB medium-term trend chart] A medium-term uptrend had started on November 4, 2025 at 125.02 and reached 133.11 on January 29, 2026. FXB gained -8.09 points, or -6.47%, in 12 weeks. The price is now at the 27.69% retracement level.
Weekly Technical Indicators: [See FXB weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. 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 January 29, 2026 at 133.11 and reached 129.92 on February 5, 2026. FXB lost 3.19 points, or 2.40%, in 7 days. The price is now at the 29.78% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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