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Civileng has taken 15th place in Touch Binaries Contest Apr 2018

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GBP/USD flips eye bears eye breakdowns of 200-D

  • GBP/USD: market gets back to the trend and that is down, eyes on a test of 200-D SMA.
  • GBP/USD: below 200-D SMA, bears can target the 50-W SMA at 1.3412.
GBP/USD was initially bid post the FOMC outcome but the bears have got back involved at cheaper levels aiming for an attack on the 200-D SMA at 1.3534. Currently, GBP/USD is trading at 1.3560, down -0.39% on the day, having posted a daily high at 1.3668 and low at 1.3555.Sterling is making fresh daily lows as the market flips over after the Fed le…
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Goldman Sachs Feels Some Cryptocurrencies Will Eventually Become Real Money

The financial sector has always had mixed opinions on Bitcoin. Goldman Sachs is a fine example of how quickly those opinions can change.After dismissing Bitcoin for several years, they are now keeping a close eye on it. Moreover, the bank is confident Bitcoin will succeed as a form of real money in the coming years. While that is a commendable statement, it is doubtful Bitcoin will still be the leading cryptocurrency by then.It is evident the interest in cryptocurrency hasn’t waned all that much…
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