Manchester City are the favourites despite the shocking last week result against Östersund.The Gunners beat mighty Chelsea last month to reach their first League Cup final since the 2011 and Arsene Wenger will like to win the trophy as an opportunity to save Arsenal's season after a see-saw Premier League campaign.
City will also be aiming to avoid two trophy disappointments in the space of six days after Monday's shocking FA Cup defeat to Wigan. Guardiola says after last week loss, his players are determined to learn from their mistakes in a bid to win the first title of the Spaniard's reign at the Etihad.
The Spanish Boss has enjoyed a lot of success with the Barcelona and Bayern Munich during his coaching career, including winning two Champions League titles and a number of league title.
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Aaron Ramsey is expected to be fit for Sunday's Carabao Cup title clash.The Wales international had been out from the last three games with a groin injury but Arsenal boss is confident he will now be ready to be involved at Wembley.
Mesut Ozil is also expected to join the squad after illness while Pierre-Emerick Aubameyang will play after missing out this week's Europa League tie.
Arsenal leading goal scorer Lacazette (knee) and Cazorla (Achilles) will miss the final tie, as Lacazette will be out of action till mid-March while Cazorla is out of action for months, His come back time yet unknown.
Manchester City forward Raheem Sterling who is suffering with an unspecified muscle injury is most likely to out for the Carabao Cup final.
Striker Gabriel Jesus could make a come back after almost two months out with a knee Injury. Mendy who is suffrin g from knee Injury will be out from ground until late April, while Fabian Delph is suspended from this clash.
Predicted line-ups
Arsenal starting XI: Ospina, Bellerin, Mustafi, Koscielny, Monreal, Xhaka, Ramsey, Wilshere, Welbeck, Ozil, Aubameyang
Manchester City XI: Bravo, Walker, Kompany, Otamendi, Zinchenko, Fernandinho, Silva, De Bruyne, Bernardo, Sane, Aguero
Stats
Prediction
Manchester City 2-1 Arsenal