BTC/GBP is trading in a very tight range, between 816 and 833 levels, after it hit 834 levels on Monday. It is currently trading at 830 levels at the time of writing (Coinfloor).

Ichimoku analysis of daily chart:

Tenkan Sen: 802.50

Kijun Sen: 895.50

The pair is facing strong resistance at 828.77 (90-EMA) and a break above would see it testing 850.78 (38.2% retracement of 1085 and 706)/ 898.36 (50-DMA). Further bullishness could be confirmed only if it breaks above 50-DMA.

On the flipside, support is likely to be found at 811 (10-DMA) and any violation would drag it to 790.40 (5-DMA)/716.37 (78.6% retracement of 616 and 1085).