Monetise Trader

The British government launched last Saturday a system created to register the stay of EU citizens living in the United Kingdom, The process is free, and the application   is time at least until December 2020. To obtain the status of a settled status, you will need to prove that you have been in the United Kingdom for at least six months in each of these years in the last five years. Otherwise, the person submitting the application will receive a temporary pre-settled status, which can be changed after fulfilling the five-year requirement. If London agrees with Brussels regarding the conditions for leaving the Community, EU citizens will have until the end of June 2021 to register in the new system. In the case of hard Brexit, this time would be shortened until the end of December 2020. Initially, the registration in the system was 65 pounds (32.50 pounds for a child), but from Saturday, the earlier political announcement of Prime Minister Theresa May abo

Our view for the UK 100 for the week ahead. 1st Target @ 69.40 chart/UK100GBP/egruKp1Q-UK-100-Further-Down-Side/

UK Stocks has been completely ignore by most global investors as the final stages of Brexit is taking place. The uncertainty of what is going to happen after Brexit are making investors shifting to an alternative direction. What can not be ignore is the fact the some of UK stocks are cheap at the moment, representing an excellent opportunity. Want to define the valuation, you can construct an argument that the UK market in overall average terms is cheap, and has been said UK stocks has been much bearish then what it is at the moment. An survey of UK retail investors by investment platforms recently showed a increase in investor confidence towards the UK when considering nationals. We have found stocks believed to be 60% under priced  as for now. However, we have come to the conclusion of not buying until Brexit is sorted, and then gently adding UK domestic stocks to the portfolio. 

The drop broke the 55-day moving average. That was a key level because it supported tech drop earlier this month. The next three levels to watch: 1. 1.3000 2. 200-DMA at 1.2979 3. March low of 1.2949

The EU is playing tough. Tusk proposed a Brexit extension until May 22 on the condition that the UK parliament approves the agreement. Discussion is ongoing and the exact end date may change.

British Prime Minister Theresa May confirmed on Wednesday in the House of Commons that she asked the President of the European Council, Donald Tusk, to extend the process of leaving the EU by June 30. She pointed out that she was opposed to a longer Brexit delay. The head of the European Council, Donald Tusk, announced on Wednesday in Brussels that it is possible to shorten the process of UK exit from the EU , but conditionally based on a positive result of voting on a divorce agreement in the House of Commons. As he said at a meeting with journalists in the European Council building, the issue of extending the UK's exit process from the EU will be discussed by the EU leaders at the summit, which begins on Thursday. He stated that the period of such extension remains an open question. In reaction to Prime Minister May's declaration, the pound weakened against the dollar. At 13:52, the GBP / USD rate fell by nearly 1%, falling to USD 1.3148 per pound.