FXstreet.com (Barcelona) - The Pound sank yesterday to a 10 month low against the Dollar, Cornelius Luca, economist at Global Forex Trading, expects the Sterling to consolidate today: Cable should consolidate today, but the risk is on the downside. Good support is seen at 1.9330. Below 1.9295, distant support is now pegged at 1.9140. Resistance levels, according to Luca, stand as follows: Initial resistance is at 1.9490. The next level is at 1.9590. Distant resistance is seen at 1.9685.
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