BTC/GBP hit a high of 835 levels on February 04 but reverted from that level. It is currently trying to hold above 5-DMA and is trading at 823 levels at press time (Coinbase).

Ichimoku analysis of daily chart:

Tenkan Sen: 781.22

Kijun Sen: 720

Trend reversal: 688.80 (90-EMA)

On the upside, a consistent break above 835.12 (February 04 high) would see the pair testing 876 (78.6% retracement of 950 and 605)/900.

Momentum studies suggest possibility for further uptrend as RSI(14) is at 65; Stochs in overbought zone; MACD line is above the signal line.

On the flipside, the pair has taken support near 800 (psychological) and any violation would drag it to 775 (trend line joining 467.77 and 611.12)/751.21 (21-DMA).