BTC/GBP is continuing its uptrend and is currently trading at 613.86 levels at the time of writing (Coinbase).

Long-term trend: Bullish

Short-term trend: Bullish

Ichimoku analysis of daily chart:

Tenkan Sen: 579.80

Kijun Sen: 570.32

Trend reversal: 519.93 (90 EMA)

On the topside, resistance is seen at 619.43 (113% retracement of 611.12 and 547.20) and a break above would target 628 (127.2% retracement)/ 650.

On the downside, the pair has taken support near 585.88 and a break below would weaken it to 547.20 (November 13) / 535.30 (November 03 low).