For the Premier League, maybe the chances are quite big for Liverpool to get the title because Arsenal, Nottingham Forest, Chelsea and Man City will have a little more difficulty catching up on the points so Liverpool are much more favored this season. For the FA Cup and Champions League, Liverpool still need to struggle to get the title because in terms of competition it may still be quite competitive and still need consistency in maintaining victory in every match.
Liverpool will face five tough matches ahead where they will face two much stronger clubs, namely Newcastle United and Man City, so Liverpool must be able to win both matches to ensure they can win the Premier League title this season because even though the two teams are not much better than Liverpool, they must be careful not to lose points.
Liverpool are well positioned to win this season's English premier and I don't see any team that can be able to contest the trophy with them. That said, have you checked the odds for Liverpool to win the Champions League because if you have then you will know that Liverpool are the favourite to win the Champions League and as for the FA cup nobody can be able to stop them from winning it provided that they maintain their momentum.
As for the premier league I think the title belongs to Liverpool because it has already been proved from from their consistent performance and the numbers of points that they have been able to achieve. The difference of points between Liverpool and arsenal is just 6, and arsenal can be unpredictable in their sometime and Liverpool is more consistent which I don't think if arsenal can be able to meet Liverpool. As for Nottingham, Chelsea and Manchester City struggling for the title of the league or getting to the top of the league, I don't think that will be possible because these teams are really far from Liverpool and arsenal in points.