I currently have a 3.3 on a 4.0 scale and I will be taking the ACT and SAT before the end of 2020. I want to raise it by applying to early decision in January 2021. Will the chances of me being accepted go down even with trying to improve my grades and standardized test scores?
So I don’t know if I’m reading things right but it seems to me you are asking
“Whether the chance of acceptence will go down even while trying to improve my grades and standardized test scores?”
If this is saying what I am thinking you will definitely not be penalized for seeking a better gpa and SAT. Colleges are looking for grade trends and this is an excellent way to showcase that you keep improving. If I have a 3.5 school X will ABSOLUTELY not be less favorable to me just becuase I increased my gpa to 3.6 for example.
If I got the question completely wrong please tell me so I can fix my answer. Hope this helps and please comment if you need clarification.
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Also I just realized you were trying for ED. In that case what ever your GPA is currently will be the GPA you apply with bcuz as crsgo said the deadline is November. Unless your school uses trimesters or quarters that will be your gpa.