Lloyd feels that Alastair Cook's side need to battle on day five to have any chance of winning the match and alleviating the pressure on the team.
"I've watched this England team for a long time and at the moment it has lost its soul," Lloyd told Sky Sports News.
"The captain has been battered and the team look downtrodden and down on their luck, so they need to scrap a lot more together.
"However, they should be relishing this challenge. But eventually someone has to seize the moment and be positive because that's the only way England can win this game."
England have failed to win their last nine Test matches.