After the first match defeat, I think Australia now are the top favourites for a spot in the Finals. I am pretty much sure that England won't be able to win 3 matches in this series. Even if we go by the metrics of the first match leaving day 1 England performed pretty much in line with the performance of India on the rest of the days. I expect this series to be par at 1-1. Indian grounds are known for their batting pitches and both the squads have great batting strength I think rest of the matches will be high scoring matches and with every draw chances of England getting qualified are getting reduced. So Australia are surely the top favorites.