Gbpjpy I expect buy read the caption

GBP/JPY rebounded after brief dip to 185.41 and intraday bias is turned neutral first. On the downside, below 185.31 will extend the correction from 188.70 to 55 D EMA (now at 184.89) and below. On the upside, break of 187.50 minor resistance will argue that the pull back has completed, and bring retest of 188.90 instead