A microprocessor implemented method is disclosed. The method includes mapping a plurality of instructions in a guest address space to corresponding instructions in a native address space. The method further includes, for each of one or more guest branch instructions in said native address space fetched during execution, performing the following: determining a youngest prior guest branch target stored in a guest branch target register, determining a branch target for a respective guest branch instruction by adding an offset value for said respective guest branch instruction to said youngest prior guest branch target, where said offset value is adjusted to account for a difference in address in said guest address space between an instruction at a beginning of a guest instruction block and a branch instruction in said guest instruction block. The method further includes creating an entry in said guest branch target register for said branch target.