BTC/GBP is continuing its upward move on Tuesday and is currently hovering around 750 levels at the time of writing (Coinbase).

Ichimoku analysis of daily chart:

Tenkan Sen: 736

Kijun Sen: 777.50

Trend reversal: 672.26 (90-EMA)

On the upside, the pair is currently targeting 764.34 (January 22 high and channel top) and a consistent break above would see it testing 818.21 (61.8% retracement of 950 and 605)/876.

Momentum studies suggest a possibility for further uptrend as RSI(14) is at 55 with higher bias; Stochs point north.

On the flipside, the pair has taken support near 729 (7-DMA) and any violation would drag it to 706.55 (55-EMA)/ 672.26 (90-EMA).