BTC/GBP managed to close above 7-DMA on Monday at 1783 levels. It is currently trading at 1807 levels at the time of writing (Coinfloor).

Ichimoku analysis of daily chart:

Tenkan Sen: 1796.50

Kijun Sen: 1635

On the upside, the pair is struggling to close above 1800 levels from past couple of sessions, which would then see it testing 1872 (61.8% retracement of 2118 and 1475)/1927 (161.8% extension of 706 and 1461)/1900/1980.

The pair is currently holding above 1766 (10-DMA) and a decisive break below would see further downside, dragging it to 1728 (2h 100-EMA)/1630 (4h 100-EMA).