From all the news we have seen so far, it can be assumed that Guardiola is not interested in extending his contract with Manchester City. This is probably going to be Guardiola's last season with Manchester City. Guardiola is now interested in becoming a national team coach. But we do not know if this team is Brazil yet. I have not seen any rumors about this. However, City is in very bad form now. They have lost four matches in a row. However, I am waiting to see if Manchester City's performance improves after the international break. City's squad is strong, Guardiola is also a very experienced coach. So it is hoped that City's performance will stabilize in the coming matches.
Pep Guardiola move to Brazil national team is not yet confirmed but Brazilian legend Ronaldo want that to happen if he eventually head the football federation of the country, Pep Guardiola hasn't show any sign of joining Brazil because he has not say anything about it. Pep Guardiola has done a great job for Man City being with them for several years he has fulfilled some of their dreams which they never have hope of doing all that, Pep Guardiola should be appreciated even though you decide not to extend this contract. He has done everything throughout his staying, part of the achievement he won the English Premier League four times in a row and in 2023 he helped them to win treble, I think he doesn't own Manchester City anything.
Pep Guardiola has just extended a one year contract with City and he is going nowhere for now. However, Pep will have to decide where he would be going to after his contract expires in 2026 if City did not give him a contract extension again. I don't know if Pep will choose to retire as a coach of a National team or not, probably, he might find his way to SPL.