BTC/GBP broke above the 1800 mark on Thursday and jumped till 1899 levels so far in the day. It is currently trading at 1860 levels at press time (Coinfloor).

Ichimoku analysis of daily chart:

Tenkan Sen: 1796.50

Kijun Sen: 1645

On the upside, a close above 1872 (78.6% retracement of 2118 and 1475) would see the pair testing 1927 (161.8% extension of 706 and 1461)/ 1980 /2040 (241.4% extension of 706 and 1259). On the daily chart, RSI and stochs suggest higher bias.

Support is seen at 1806 (4h 50-SMA) and a break below would target 1781 (5-DMA)/1739 (10-EMA)/ 1612 (20-DMA).