GBPJPY Maintains Neutral Bias as Rebound Stalls Below 215.59

As of June 23, GBP/JPY trades with a neutral intraday bias after rebounding from the 210.43 low, remaining range-bound pending a decisive break. The prior session had already shifted bias to neutral on the corrective recovery, with 212.36 acting as the key downside trigger that would expose 211.23. On the topside, a sustained move above 215.59 is still required to resume the rebound toward 216.58. Broader structure keeps the long-term uptrend intact toward the 220.90 projection, but a break of the 55-week EMA at 207.11 would turn the medium-term outlook bearish and open 184.35.