The Greedy Trader Weekly Analysis
Sign In Feb 27, 2026
Skip Navigation Links
Share
Number of records: 3
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Currency Shares ETFs Technical Analysis - FXB

Archive
- 2/20/2026 -
Sign In to see current Signals.

CurrencyShares British Pound Sterling Tr (FXB) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Williams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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 dropped -1.70 points, or -1.30%, and closed at 129.57 on Friday, February 20, 2026. Weekly volume was -57% 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 126.03 and resistance is at 134.06. 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 43.76% 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 9, 2026 at 131.65 and reached 129.26 on February 19, 2026. FXB lost 2.39 points, or 1.82%, in 10 days. The price is now at the 12.97% 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. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

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.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.42
Williams' Percentage Range (W%R) 92.10
Strong Oversold
Lane's Stochastic (%D-Slow) 25.52
Greed/Fear Indicator (GFI) 22.60
Moving Average Converg./Diverg. (MACD) 0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.93
Williams' Percentage Range (W%R) 43.90
Lane's Stochastic (%D-Slow) 68.91
Greed/Fear Indicator (GFI) 60.69
Moving Average Converg./Diverg. (MACD) 0.48
Trading Signals
Description Value Chart
Yearly Trendline Resistance 134.06
Upper Bollinger Band 132.48
Parabolic System 131.64
Weekly Stochastic Crossing 131.59
20 Day Moving Average 131.17
50 Day Moving Average 129.98
Price 129.57
Daily Stochastic Crossing 129.56
Lower Bollinger Band 128.55
Yearly Trendline Support 126.03
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 131.65
High Date 02/09/2026
Low 129.26
Low Date 02/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 131.65
High Date 02/09/2026
Low 129.26
Low Date 02/19/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 133.11
High Date 01/29/2026
Low 129.26
Low Date 02/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 125.02
Low Date 11/04/2025
High 133.11
High Date 01/29/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 134.06
Support 126.03
Low 102.20
Low Date 09/28/2022
High 133.11
High Date 01/29/2026
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.