EURGBP- With a strong rally pushing the cross through the 0.8186 level to close higher on Thursday and following through higher during Friday trading session today, the risk is for further upside to occur in the days ahead. It has traded above the 0.8224 level with firm break and hold above here turning focus to the 0.8300 level. A breach of here will call for a run at the 0.8350 level and then the 0.8400 level. Alternatively, support lies at the 0.8186 level followed by the 0.8104 level and then the 0.8076 level where its trendline is located. Further down, the cross will have to break and hold below its trendline support (red) to put its broader upside bias in danger. All in all, the cross remains biased to the upside with eyes on further upside.
