By Mohammed Isah of fxtechstrategy.comNEW YORK ( TheStreet) -- A follow-through higher in early trading Monday saw the pound-dollar currency pair (GBP-USD) break above the 1.5906 level to build on its recovery that started at the 1.5344 level. However, we would like to see the currency pair hold firmly above 1.5906 on a daily closing basis to convince the market of a valid breakout. This would trigger further upside momentum toward the pair's its Nov. 12 high at 1.6183 with a cut through there clearing the way for a further push toward its November high at 1.6298. The pound-dollar pair's daily studies are bullish and pointing higher, supporting this view. On any pullback, however, support stands at 1.5718, the Jan. 13 low, with a breach of that level allowing for more weakness toward 1.5660, the pair's December low. A reversal of roles is expected there. Overall, the pound-dollar pair continues to press higher, building on its bullish recovery from the 1.5344 level.