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Currency Shares ETFs Technical Analysis - FXB

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- 1/9/2026 -
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CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overbought
Daily :Daily  MACD line has moved below its signal lineA Parabolic SAR indicator is below and near the priceThe price has declined below the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
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It was the negative week for the CurrencyShares British Pound Sterling Tr (FXB). During the week, the FXB gave back -0.40 points, or -0.31%, and closed at 128.86 on Friday, January 9, 2026. Weekly volume was -68% below average.

Long-term trend: [See FXB long-term trend chart]
A long-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 123.72 and resistance is at 131.25. 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 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 130.15 on January 5, 2026. FXB gained -5.13 points, or -4.10%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 126.78 and resistance is at 130.52. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See FXB weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 December 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 January 5, 2026 at 130.15 and reached 128.75 on January 9, 2026. FXB lost 1.40 points, or 1.08%, in 4 days. The price is now at the 7.86% retracement level.

Daily Technical Indicators: [See FXB daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

A Parabolic SAR (stop and reversal) indicator (130.05) comes close to the price (128.86). 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 declined below 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.

Price is close to the 50 Day Moving Average. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.34
Williams' Percentage Range (W%R) 69.30
Lane's Stochastic (%D-Slow) 43.08
Greed/Fear Indicator (GFI) 41.72
Moving Average Converg./Diverg. (MACD) 0.53
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.77
Williams' Percentage Range (W%R) 44.30
Lane's Stochastic (%D-Slow) 86.14
Overbought
Greed/Fear Indicator (GFI) 64.54
Moving Average Converg./Diverg. (MACD) 0.16
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 131.25
Monthly Trendline Resistance 130.52
Upper Bollinger Band 130.14
Parabolic System 130.05
Weekly Stochastic Crossing 129.68
20 Day Moving Average 129.29
Daily Stochastic Crossing 129.15
Price 128.86
Lower Bollinger Band 128.04
50 Day Moving Average 127.77
Monthly Trendline Support 126.78
Quarterly Trendline Support 123.72
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 130.15
High Date 01/05/2026
Low 128.75
Low Date 01/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 130.15
High Date 01/05/2026
Low 128.75
Low Date 01/09/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 130.52
Support 126.78
Low 125.02
Low Date 11/04/2025
High 130.15
High Date 01/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 131.25
Support 123.72
High 132.44
High Date 06/26/2025
Low 125.02
Low Date 11/04/2025
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.