Guehi has been a top target for Liverpool for months, with the Reds trying to seal a £35million transfer in August.
However, there are growing concerns that Bayern might now represent a viable option for Guehi, offering a chance to continue progressing in the Premier League while competing at the highest level in the Champions League.
Bayern's power in Germany and their recent success under Vincent Kompany make them an attractive proposition for Guehi.
As Guehi is currently on England duty, he is able to witness the impact Bayern has had on national team captain Harry Kane, who has thrived in Munich and broken goal records.
Guehi's motivation is not driven by fame or fortune, but by the chance to test himself in an elite environment that offers both challenge and ambition.
Kane's successful transition to life in Germany gives Guehi something to think about as he weighs up his next move.
Sources suggest Guehi has been excited about the prospect of joining Liverpool but remains open-minded about how his career could develop.
Liverpool are expected to return with another approach in January, while Bayern will also be in a good position to discuss a move at that stage as Guehi becomes a free agent at the end of the season.
Other top European clubs, including Barcelona and Real Madrid, have also been linked with Guehi, potentially opening his eyes to the prospect of testing himself abroad.