Pep Guardiola’s men moved five points clear at the summit following a 4-1 victory against rivals Liverpool, and have a game in hand.
Many have opined that Manchester City are on their way to secure a third title in four seasons but Foden, who scored and assisted against Liverpool, does not believe the race for the coveted title is over despite admitting his team-mates cannot afford to lose focus with 16 games of the season remaining.
“We have been playing great recently but there is still a long way to go and so many points to play for,” Foden said after the win at Anfield. “We just have to keep focused and keep trying to put the points on the table.
"We have beaten a difficult team and we are on a good run at the moment so we want to keep up that form and keep playing well.
“We all believe we can do it but there are still so many points to play for and you can see that this season has been a bit funny with teams dropping points so we cannot get complacent now and we have to keep improving our game and stay on top of it as best as we can.
“[Liverpool] are a great team and I am sure that they will find their form again.”
After the FA Cup game against Swansea on Wednesday, Manchester City will entertain Tottenham Hotspur in the Premier League at home on Saturday.