FXstreet.com (Barcelona) - The Sterling is trying to remain at 1.9650 area for today, and, according to Nicole Elliot, test some higher levels later this week: Trying to steady itself at the 1.9650 area. Hopefully we will hold above here today allow Cable to creep slowly back up to 1.9900. We continue to favour buying dips for a move back up to 2.0600 this month. Regarding strategy, Elliott recommends: Buy at 1.9725; stop below 1.9600. Add to longs above 1.9800 for 1.9950 short term.
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