The Gunners have won 11 games on the spin in all competitions to build some impressive momentum under Arsene Wenger’s replacement Unai Emery.
Arsenal were 1-0 winners against Sporting Lisbon in the Europa League on Thursday night thanks to Danny Welbeck’s winner in the 77th minute.
The Gunners were 5-1 winners against Fulham at Craven Cottage before the international break, while Arsenal notched up a 3-1 victory over Leicester City at the Emirates Stadium on Monday night.
The north London side have only lost to defending Premier League champions Manchester City and FA Cup holders Chelsea FC in the opening two weeks of the current campaign.
Arsenal have scored 22 goals in the Premier League this season – only title holders Manchester City have netted more times than Unai Emery’s side this season.
Former Liverpool FC defender Lawrenson believes the north London side outfit will drop points in a 1-1 draw with Crystal Palace at Selhurst Park on Sunday afternoon.
“Crystal Palace have lost their past three games and their home form this season has been particularly poor, seeing them pick up only one point – against Newcastle – without managing a goal in their four games at Selhurst Park,” Lawrenson told BBC Sport.
“So, it does not seem a good time for them to be facing an Arsenal side who have won 10 games in a row in all competitions and who must be big favourites to keep that run going.
“With Christian Benteke sidelined, scoring goals is definitely a problem for the Eagles, whose side have managed five in their nine league matches so far – Huddersfield are the only top-flight side to have scored fewer.
“Palace have got some tough games coming up too – their three Premier League games in November are against Chelsea, Tottenham and Manchester United.”
Lawrenson added: “But it is not all doom and gloom for them. I agree with Eagles boss Roy Hodgson that their last defeat, at Everton, was hard to take after conceding two late goals – Palace would have gone ahead earlier in the game if they had converted a penalty, and things would have been very different from there.
“The Eagles are overdue a performance at home and, if they can pick up a point, it might be a stepping stone for them to start climbing the table.”
Arsenal signed five players in the summer transfer window after Emery took over the reins from Arsene Wenger at the end of the 2017-18 Premier League season.
The Gunners recruited Juventus defender Stephan Lichtsteiner, Borussia Dortmund centre-half Sokratis Papastathopoulos, Bayer Leverkusen goalkeeper Bernd Leno, Sampdoria midfielder Lucas Torreira and Lorient starlet Mateo Guendouzi.
Arsenal still face questions about their defence after conceding 11 times in their opening nine Premier League fixtures.
The north London side have managed to hoist themselves into the top four thanks to their seven-game winning run in the Premier League under Unai Emery.
Arsenal will face Palace at Selhurst Park on Sunday before a home clash against title rivals Liverpool FC at Anfield in the Premier League on Saturday 3 November.
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