BTC/GBP moved further north on Friday, hitting a high of 747.56 levels so far in the day. It is currently trading at 743 levels at the time of writing (Coinbase).

Long-term trend: Bullish

Short-term trend: Bullish

Ichimoku analysis of daily chart:

Tenkan Sen: 663.18

Kijun Sen: 644.98

Trend reversal: 574.53 (90 EMA)

On the upside, the pair faces immediate resistance at 750 (psychological level) and a break above would see it testing 775 (113% retracement of 747.56 and 535.30)/800.

On the flip side, support is seen at 697.47 (23.6% retracement of 747.56 and 535.30) and a break below would target 651.52 (10-EMA)/626.60 (21-DMA).