BTC/GBP broke above 21-DMA and is now hovering around 7-DMA at 734 levels at the time of writing (Coinbase).
Ichimoku analysis of daily chart:
Tenkan Sen: 730.14
Kijun Sen: 777.50
Trend reversal: 666.20 (90-EMA)
The pair is currently trading in a narrow range and is holding above 730 (7-DMA). Further strength will see it testing 774.22 (upper Bollinger).
On the flipside, 715 (50-DMA) is acting as a major support and a break below would target 681.65 (Cloud bottom)/663.71 (lower Bollinger).
