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Currency Shares ETFs Technical Analysis - FXBArchive
- 7/31/2026 -
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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 gained 1.58 points, or 1.23%, and closed at 129.68 on Friday, July 31, 2026. It was the best weekly gain since April 10, 2026. Weekly volume was -56% 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 129.18 and resistance is at 134.33. 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 126.41 on June 24, 2026. FXB lost 4.85 points, or 3.69%, in 6 weeks. The price is now at the 67.42% retracement level.
 Weekly Technical Indicators: [See FXB weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 15, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 July 15, 2026 at 130.21 and reached 126.86 on July 29, 2026. FXB lost 3.35 points, or 2.57%, in 14 days. The price is now at the 84.18% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 touches the upper Bollinger Band. 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 20 Day Moving Average 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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