They are waiting for retailers to buy, then they'll sell some more. It has begun. Oct-Nov months of Boj intervention!

USD/JPY smashed lower in sign of intervention

Only thing that can make the fed cut rates earlier this year is substantial weakening in the job market, CPI is expected to stay elevated above 2% this year. NFP releases are going to rock the markets this year.

Federal Reserve issues FOMC statement

Need to see higher than 25bps due to hotter inflation, else short GBP against CHF tomorrow

Consumer price inflation, UK: February 2023

Fed don't care about employment, CPI is their main issue, market is going to reverse soon, as higher CPI expected

Unemployment Insurance Weekly Claims

Armegadon also 'possible' by Friday.

EU’s Barnier: Brexit Deal Possible By Friday – AFP

OR, the EU can simply impose duties on goods from UK and use the money for Pandemic !

U.K. Urged to Levy $350 Billion Wealth Tax to Pay for Pandemic