The bears tested the support around 184.15 which could hold back their pressure. All attempts to grow are limited by the resistance of 186.70.
The GBP/JPY pair is in a downward trend. Highs are not updated. The price is expected to reach its yesterday intraday low.
We would be buying daily puts for tonight's expiry at 20:00 GMT if the pair manages a break below 185.32. This option potential is 94 pp to the level of 184.38.