The champions were held 2-2 at the Mestalla on Wednesday night, with Cesc Fabregas grabbing a late equaliser, and the coach is happy with a point against a "great team"
A late Cesc Fabregas goal rescued a point for the Catalan club, cancelling out Eric Abidal's own goal and Pablo Hernandez's strike after Pedro had equalised.
Guardiola was happy with securing a draw at such a difficult arena and noted both teams played great football.
"I have to congratulate Valencia for the match they played," he said at the post-match press conference. "This was a wonderful football spectacle.
"Our strength has given us this draw, I think it is a fair result. I have to congratulate Valencia's fans and learn from what we did not to do so well today.
"We have won two titles this season and we still have the option to win two others.
"We have to analyse the game, it was a good match, they created us problems in the first half. We have learned a lesson and we are waiting for them for the game at Camp Nou."
The 40-year-old played down the fact that his team conceded two goals, saying: "We have scored 17, which is a lot, a barbarity.
"It is normal that some errors could be made, but this is the path to follow. We have secured a good result against the league leaders, a great team."