It's a good opportunity for Liverpool to get closer to City. The draw results when City meet shouthampton, at least made Liverpool cut the difference by 2 points. There is still 1 game left for liverpool (compared w/ City), if in this match Liverpool win again, then the difference in points will be closer to 51 for Liverpool, which means there is only 6 points gap. It makes sense that the competition for the title will be more interesting.
Manchester City's excellent streak has come to an end against Southampton, but they will make a new series. Even though the league is a bit more competitive, City is still the heavy favorite and I don't think they will leave the championship. Liverpool have an easy fixture in the coming days, they may get a little closer until their game against City in April. Chelsea is also very close by. When they are trying to be champions, they may fall down to third place. They shouldn't make any mistakes. We also should not forget Arsenal and Tottenham, they have missing matches as well.