BTC/GBP continues to trade in the red below 90-EMA at 802 levels at the time of writing (Coinfloor).

Ichimoku analysis of daily chart:

Tenkan Sen: 897.50

Kijun Sen: 923

On the upside, the pair faces immediate resistance at 832.99 (90-EMA) and a break above would see it testing 866.81 (38.2% retracement of 1038 and 761)/901 (50-DMA).

Momentum studies remain bearish: RSI(14) is weak at 39.56; and MACD line is below signal line; and bearish crossover of 10- and 50-DMA.

Support is seen at 791 (Cloud bottom) and a break below would drag it to761 (March 18 low)/750 (February 09 low).