Sterling hits days highs as technical levels breached

LONDON, May 16 (Reuters) - Sterling rose to days highs versus the dollar on Friday with traders citing technical levels around $1.95 being taken out.

The pound hit an intra-day high of $1.9523 as traders said stops around Thursday's highs were breached above the $1.95 area.

"It's just stops going through $1.9500, $1.9510," said a trader in London."

By 0712 GMT the pound was up 0.2 percent at $1.9511 <GBP=> beyond the high on Thursday of $1.9501.

(Reporting by Toni Vorobyova and Simon Falush)