BTC/GBP is trying to hold its strength above 5-DMA and is currently trading at 956 levels at press time (Coinbase).

Ichimoku analysis of daily chart:

Tenkan Sen: 910.94

Kijun Sen: 862.52

Overall trend appears bullish as the pair successfully holds above 10-DMA. However, traders are preferred to be little cautious as stochs and RSI(14) are in overbought zones.

On the upside, resistance is seen at 975 levels (February 24 high) and a break above would target 1000 (psychological level)/1043 (127.2% retracement of 950 and 650).

On the flipside, support is seen at 939.97 (5-DMA) and any violation would drag it to 905.23 (10-DMA)/862.18 (20-DMA).