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Currency Shares ETFs Technical Analysis - FXBArchive
- 5/22/2026 -
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CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB climbed 1.24 points, or 0.97%, and closed at 129.25 on Friday, May 22, 2026. Weekly volume was 66% 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 trend support level is at 127.85 and resistance is at 133.83. 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 May 11, 2026 at 131.26 and reached 127.99 on May 15, 2026. FXB lost 3.27 points, or 2.49%, in 0 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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 May 15, 2026 at 127.99 and reached 129.42 on May 20, 2026. FXB gained -1.43 points, or -1.12%, in 5 days. The price is now at the 11.89% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 11, 2026.
A Parabolic SAR (stop and reversal) indicator (129.72) comes close to the price (129.25). 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.
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.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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