The bullish bias remains intact above the 0.7688 level, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “EUR/GBP held steady and continues to hold trendline support lies at .7688 – while under pinned here an upside bias will remain intact”. “We look for a re-test of the recent high of .7896. We continue to target .8030/50, this is the measurement higher from the base .7492-.6937 it is also a Fibonacci retracement and we would expect to see initial failure in this vicinity”. For more information, read our latest forex news.