GBP/JPY has recently broken a key cluster of support around 164 and was able to tag 160 last week. Then, we saw a pullback last week that has gotten back up to 165.60. As we start the week, the pair is hovering above 165.GBP/JPY 1H Chart 2/15(click to enlarge)Looking at the 1H chart, we can see that the pullback has broken some bearish momentum as the RSI pushed above 60. GBP/JPY has also lost some bearish bias when price pushed above the 50-hour and 100-hour SMAs. However, the overall bias is still bearish with price under the 200-hour SMA and the high still lower then the previous high just above 167.Also, the structure of last week's bullish correction looks like a flag, which makes me suspect that bulls are not in control. If bears are in control of the market, outside of this very short-term rally, a break below the flag pattern, likely around 164, could open up the 160 handle again with further downside risk because the prevailing downtrend is intact.Take a look at USD/JPY. Maybe we should let that pair also complete its bullish correction and start turning down, before being confident of the bearish scenario in GBP/JPY.USD/JPY 1H Chart 2/15(click to enlarge)