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Archive - 1/2/2026 - 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 the negative week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB gave back -0.65 points, or -0.50%, and closed at 129.26 on Friday, January 2, 2026. It was the worst weekly loss since October 31, 2025. Weekly volume was -72% below average.
Long-term trend: [See FXB long-term trend chart] A long-term uptrend had started on January 13, 2025 at 116.70 and reached 132.44 on June 26, 2025. FXB gained -15.74 points, or -13.49%, in 23 weeks. The price is now at the 20.20% retracement level.
Medium-term trend: [See FXB medium-term trend chart] A medium-term downtrend had started on June 26, 2025 at 132.44 and reached 125.02 on November 4, 2025. FXB lost 7.42 points, or 5.60%, in 18 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 123.87 and resistance is at 131.29. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FXB weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish 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 November 4, 2025 at 125.02 and reached 130.05 on December 26, 2025. FXB gained -5.03 points, or -4.02%, in 52 days. The price is now at the 15.71% retracement level.
Daily Technical Indicators: [See FXB daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since November 11, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 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.
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