S&P 500 Makes No Move to Break, Pound Absorbs Another Brexit Delay

Brexit Talking Points:

• Growth concerns flared up on a weak run of Chinese data, trade war threats were repeated and the BOJ will nudge monetary policy again
• Positioned at an obvious, higher-level technical resistance, the S&P 500 has made no effort to win a breakout or reversal?
• The third day of Brexit votes resulted in yet another expected outcome, significantly less Pound response and another focus ahead

See how retail traders are positioning with these critical technical setups in GBPUSD, the S&P 500, crude oil and other key markets on an intraday basis using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)