BTC/GBP is trading higher on Thursday around 920 levels at the time of writing (Coinbase).
Ichimoku analysis of daily chart:
Tenkan Sen: 855.99
Kijun Sen: 822.63
Overall trend remains bullish. However, some caution is advised as RSI and stochs are in the overbought zone.
On the upside, the pair will now run into resistance at 950 (January 05 high) and a break above would target 994.85 (113% retracement of 950 and 650)/1043.
On the downside, the pair is likely to find support near 900 (trend line joining 778.52 and 861.34) and break below would see it testing 881.59 (5-DMA)/836.88 (20-DMA).
