GBP/JPY: Hunting for an Intraday Long on Technical Reversal Signal

Market Context and Technical Setup

The GBP/JPY pair has seen some significant selling pressure recently, reflected in the current bearish trend and the -0.46% change over the last 24 hours, currently trading around 188.23. The day's range has been quite wide, spanning from 186.93 to 189.53. While the overarching trend remains bearish, I'm observing signs on the lower timeframes that suggest a potential short-term reversal or bounce play, offering an intraday long opportunity.
My analysis indicates that the pair has approached a key support zone around the 186.93 level, which served as the low of the day. This area, combined with potential exhaustion in selling momentum, could present a "high probability zone" for buyers to step in. I am looking for a "market structure shift" on the shorter timeframes to confirm this entry.

Intraday Trade Plan

Based on these