FXstreet.com (Barcelona) - The Sterling continued losing value against the Dollar, reaching its lowest value since May 20th, According to Cornelius Luca, these are the next support levels: Only if 1.9490 breaks will cable see more weakness. Below this level, support is at 1.9470. Distant support is now seen at 1.9365. Resistance levels, according to Luca, stand as follows: Immediate resistance is pegged at 1.9550. The next level is 1.9620.Above 1.9690 there is a distant ceiling at 1.9770.