BTC/GBP is continuing its uptrend from the last few days on Monday and is currently hovering around 50-DMA at 908 levels at press time (Coinfloor).

Ichimoku analysis of daily chart:

Tenkan Sen: 835

Kijun Sen: 895.50

Overall bias appears bullish as RSI is strong at 54 and the MACD line is above the signal line. On the upside, a close above 904.78 (50-DMA) would see the pair testing 940.22 (61.8% retracement of 1085 and 706)/966 (February 24 high)/1000.

On the flipside, support is seen at 872.82 (5-DMA) and any violation would drag it to 849.80 (20-DMA)/833.93 (90-EMA).