Defending champions Barca were held 2-2 at home by the Blues in the second-leg of their semi-final tie, and crashed out 3-2 on aggregate.
Having seen his hopes of reclaiming the Euroepan crown dashed, Guardiola later admitted in his post-match interview that he would talk about his future with Rosell soon.
"I'll meet with President Sandro Rosell in the coming days and we'll decide in [time] what's best. Obviously, it's time to talk about it [whether he will be managing the team the next season].
"We will speak with Tito [Vilanova, assistant manager] and see what we have to do.
"Right now, we need to talk more about the emotion of our players and how they recover because there are many players that have been playing a long time.
"We have to go to Rayo Vallecano [this weekend], we are still Barca, we have to continue doing things as we usually do them.
"So we will talk to the president as well and we will talk about everything - the situation what happened in these days and of course we will take a decision because it is time to take a decision now."
The former midfielder is known for his reticence in signing long-term contracts, and his current one-year deal with the Catalan giants expires in the summer.
Guardiola has repeatedly said in the past that he finds management stressful, and does not see himself sticking to it in the long-term - something that obviously leads to fevered speculation every time his contract is coming to an end.
Irrespective of what the future holds, the 41-year-old will go down as one of the most successful coaches in Barcelona's history - having won three La Liga titles, two UEFA Champions League and one Copa del Rey during his managerial stint with the Catalans.