British Pound Sterling Trust (FXB) Enters Oversold Territory
July 31, 2014 at 10:56 AM EDT
In trading on Thursday, shares of the British Pound Sterling Trust ETF (FXB) entered into oversold territory, changing hands as low as $165.99 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..