FXstreet.com (Barcelona) - The Sterling rallied yesterday against the Dollar in an attempt to break higher, according to Nicole Elliot, senior technical analyst at Mizuho Corporate Bank: “Yesterday's ‘spike high' at trendline resistance counterbalances the previous day's ‘spike low' at 2.0257 and underlines the fact that this market is trying to break higher.” Regarding strategy, Elliot advices: “Attempt longs at 2.0375, adding to 2.0300; stop below 2.0250. Possibly cover longs at 2.0450 but be ready to re-buy above 2.0515 for the July high at 2.0656.”