The cable faced a rise of 37.8 points between the support line 1.37967 and the resistance line 1.38357, and this is due to the positive news from the British Office for National Statistics about consumer prices that have increased than the expected percentage by 0.3% therefore, the British pound sterling has risen against the decline of the US dollar until it breached the first resistance line 1.38357 to meet the second resistance line 1.38465 then the third resistance line 1.38519, but in case of the cable’s decline, it is possible to break the first support line 1.38183 to meet the second support line 1.38093, then the third support line 1.37967