FxPro Forex Analysis: EUR holding above 1.16 after German ZEW data

EUR above 1.16 ahead of and after latest ZEW data from Germany, showing headline at 22.4 (from 10.0). Expectations balance rising for 3rd consecutive month to 48.4 (from 34.9). Sterling also feeling a little more assured, above 1.5150 on cable from the 1.5070 area overnight.