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Currency Shares ETFs Technical Analysis - FXBArchive - 3/6/2026 - 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 -1.05 points, or -0.81%, and closed at 128.66 on Friday, March 6, 2026. Weekly volume was -8% 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 126.31 and resistance is at 133.26. 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 downtrend had started on January 29, 2026 at 133.11 and reached 127.55 on March 3, 2026. FXB lost 5.56 points, or 4.18%, in 4 weeks. The price is now at the 19.96% retracement level.
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 uptrend had started on March 3, 2026 at 127.55 and reached 128.81 on March 6, 2026. FXB gained -1.26 points, or -0.99%, in 3 days. The price is now at the 11.90% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The daily MACD line is below its signal line since February 4, 2026. A Parabolic SAR (stop and reversal) indicator (129.11) comes close to the price (128.66). 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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