EUR GBP Update

Update on the trade suggested on 4th Sep 2009. Link to original trade analysis:
http://market-trading-ideas.blogspot.com/2009/09/eurgbp-establishing-uptrend.html

The EUR/GBP continued the uptrend until today (see 4hr chart below). I took profits at 0.8980. I am still holding a small position in case the trend turns into a longer uptrend. However, at this time I expect a consolidation after the strong rise. The uptrend since early Aug stays intact as long as the pair keeps above the resistance at 0.8800 - 0.8820. I will consider to extend the long position again if a pullback and reversal pattern emerges above the resistance zone.