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Currency Shares ETFs Technical Analysis - FXBArchive
- 9/18/2026 -
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CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis
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| Summary:
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| | It was the negative week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB gave back -1.23 points, or -0.95%, and closed at 128.79 on Friday, September 18, 2026. It was the worst weekly loss since July 24, 2026. FXB was trading at average weekly trading volume.
 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 Symmetric Triangle chart pattern. The trend support level is at 127.74 and resistance is at 131.13. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern 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 128.24 on September 17, 2026. FXB lost 3.13 points, or 2.38%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (130.06) 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 Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 August 7, 2026. The distance between MACD and the signal line is low and getting smaller. 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 128.24 on September 17, 2026. FXB lost 1.83 points, or 1.41%, in 6 days. The price is now at the 30.05% retracement level.
 Daily Technical Indicators: [See FXB daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access 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.
A Parabolic SAR (stop and reversal) indicator (129.5) comes close to the price (128.79). 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 price 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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