1. A method in an electronic device for managing voice entered text using contactless gesturing, the method comprising: detecting a first speech input; displaying a plurality of textual words in response to the first speech input, wherein the plurality of textual words includes at least one textual word; detecting at least one contactless swipe gesture; determining a direction of the at least one contactless swipe gesture; highlighting, one-by-one for each contactless swipe gesture of the at least one contactless swipe gesture, each textual word being displayed along a path of the direction of the at least one contactless swipe gesture; detecting a second speech input; and substituting a highlighted textual word of the path of the direction of the at least one contactless swipe gesture with a second textual word in response to detecting the second speech input, wherein the second textual word corresponds to the second speech input.