The Overall Market Structure on Daily Time Frame has been in a huge Range from the beginning of the current month (1st December). Respecting Strong Support formed back on 24th March (Q1) then have been retested and respected on 23rd April (Q2) , 20th July / 23rd August and 22nd September (Q3) then price have Retested 1 more time on 3rd December (Q4), we could possibly see this major support to break if Bank Of England hints at the Rate Increase due to a concern on Inflation then keeping Rates the same on the day of the release (Next Rate review due on 16th of this Month) that could Impact The Pound Sterling or if any Further Restrictions impose such as Lockdown.
Current Inflation 4.2% which is 2.2% above the Target