From my Notes as youngster at Hendon... some of this stuff is in RoadCraft as well - but the instructor gave us a little more - in my opinion.
We wre told than enhanced observation stems from increased awareness. You need more than just seeing what coms into your immediate line of vision. You need to scan systematically to ensure you gain all the information available to you. How well you assess its value will determine the quality of your planning and the revision of your plan as the situation changes rapidly.
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(Taking control of the traffic around you!
)"
You must continuously appraise what you see in the road ahead of you and relate it to your experience and known skill Add to that the image from your rear mirrors and a regular glance to the side.
The instructor actually said:
"The combined whole governs your selection of a SAFE SPEED
and position moment- to - moment "
You see a GOOD driver stop gently at the traffic lights and other crossings, choose the correct lane in good time. A busy street may see this driver covering the brake pedal and selecting a speed as low as 5 mph if the road is narrow and swarming with pedestrians. No way should an expert drive dead a t30/40 moph just because the sign says so! Many of these pro-active changes should be fractional and smooth.
Apart from the glaringly obvious we should observe and anticipate - such as road lay-out, road surfaces, road signs, other traffic, pedestrians - what other clues are there?
What would say - a cyclist pedalling fairly "furiously" on a racing bike tell you? (Clue - answer is NOT "numpty on a bike"!

)
What other clues would set your "anticipation radar" humming?
How often should you be making mirror checks? (Matter of personal judgement ..and circumstance - but certainly we were told NOT to make them religiously at pre-ordained intervals - which is completely different to Wildy's and the Swiss mob's continental styles - which is more precribed in this respect. They are a bit clinical that way.)