The Greedy Trader Weekly Analysis
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- 1/2/2026 -
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CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range is overboughtStochastic has declined below the signal lineThe price has fallen below the Parabolic SARThe price is close to the moving average in the center of the Bollinger Bands
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.05
Williams' Percentage Range (W%R) 18.80
Overbought
Lane's Stochastic (%D-Slow) 77.38
Greed/Fear Indicator (GFI) 71.89
Moving Average Converg./Diverg. (MACD) 0.58
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.26
Williams' Percentage Range (W%R) 33.50
Lane's Stochastic (%D-Slow) 78.60
Greed/Fear Indicator (GFI) 65.27
Moving Average Converg./Diverg. (MACD) 0.14
Trading Signals
Description Value Chart
Monthly Trendline Resistance 131.29
Upper Bollinger Band 130.28
Parabolic System 130.16
Daily Stochastic Crossing 129.78
Weekly Stochastic Crossing 129.37
Price 129.26
20 Day Moving Average 128.97
50 Day Moving Average 127.64
Lower Bollinger Band 127.54
Monthly Trendline Support 123.87
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 125.45
Low Date 11/19/2025
High 130.05
High Date 12/26/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 125.02
Low Date 11/04/2025
High 130.05
High Date 12/26/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 131.29
Support 123.87
High 132.44
High Date 06/26/2025
Low 125.02
Low Date 11/04/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 116.70
Low Date 01/13/2025
High 132.44
High Date 06/26/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.20
Low Date 09/28/2022
High 132.44
High Date 06/26/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.