Could be a few things, some of which don't bare thinking about, but i will start with the simple stuff....
:-/ Try yer coil, its sounds like its starting to break down, which will only become apparent at high Revs, until its totally screwed.
Have you changed the Rotor arm and cap?
If that fails try the fuel system especially the filter. On Mk2's most people tend to forget to change it, as its buried in front of the fuel tank next to the Main pump.
If all this fails.
There is a slight chance that one of you valve springes is broken or weak, causing valve bounce at high revs, this happened to me with a Mk1 GTI. But is thankfully rare normally.
Hope this helps.
Good luck!
Good Luck