Liverpool broke the deadlock through Mohamed Salah’s penalty inside the opening 13 minutes but the hosts pulled parity on the 31st minute mark when Gabriel Jesus poked home a pass from Kevin De Bruyne pass.
Manchester City had the chance to go up on the cusp of halftime after defender Joe Gomez handled De Bruyne's cross, but the former Chelsea man could not convert the resulting penalty.
Both team could not muster a real chance after the break and Guardiola believes the result was fair in an even-steven sort of game.
“A tight game, they started well, we conceded a goal and conceded a penalty like at Leicester. It was tight, in the second half we had a more clear chances but a draw is a fair result,” the Spanish coach told the media after the game.
"It is not easy to defend against Liverpool, normally they have three in attack and now four, they ran in behind and you cannot stay there and they play in between the players. It is not easy to play but we adjusted a bit and had more courage to stay high. We made a good goal and unfortunately we missed a penalty. In games or opponents like Liverpool, if you miss a penalty is it more difficult.
"Three games, three goals for Gabriel Jesus, he did not train much so he did really good.
"When you cannot win in 80-85 minutes, you cannot lose it. When you play against a contender like Liverpool, you have to try and win but you cannot lose. We know each other quite well.
"Trent Alexander-Arnold, international English player, now injured. Here we believe we are more special, we don't protect the players, so that is why it is a disaster. This calendar came from a year before and I will demand for players to come back otherwise it will be difficult to maintain it."