Honest opinion:
GK - Above average for a world cup/euro GK, but no GKs in the top 5 in the world
FB - Very, very good options, but lots perma-crocks in James, Chillwell, Shaw. Walker is still world class despite getting on a bit.
CBs - Stones is world class, but he lacks a top quality partner
CM - Rice isn't in the world class bracket of previous players like Scholes or Gerrard, but he is very very good, Philips is a good CDM certainly comparable to Butt etc but doesn't play at club level.
Wide forwards / wingers - lots of options in these roles, and real top top talents, this is our area of strength
10 - we have a truly world class 10, potential superstar in this role, if he stays fit and on form he's a game changer
CF - One world class CF, but a huge drop off after that to Watkins, Toney and Wilson.
We've had more complete squads than this, 1990 and 96. In 2006 we had arguably 8 world class talents surrounded by great pros. That's probably the best squad we've ever had.
If we can sort out LB, CB and CDM then we could win a trophy, we're certainly a contender for any competition we are in
Overall we are an 8.5/10 but probably 2nd faves for any euro competition and fourth for a world cup.