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Archive - 2/27/2026 - 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 a first positive week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB climbed 0.14 points, or 0.11%, and closed at 129.71 on Friday, February 27, 2026. Weekly volume was -54% 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 126.17 and resistance is at 134.12. 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 42.03% retracement level.
Weekly Technical Indicators: [See FXB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend 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 February 25, 2026 at 130.42 and reached 129.37 on February 27, 2026. FXB lost 1.05 points, or 0.81%, in 2 days. The price is now at the 32.38% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly 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. This is an indication that the short-term trend is down. A Parabolic SAR (stop and reversal) indicator (130.67) comes close to the price (129.71). 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. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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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