Does GUIDED use the LOITER mode control loops?

I was reading GUIDED mode page and a doubt popped up in my mind. The page says that while waiting a command the vehicle hovers at the location, but doesn’t specify if it functions similar to either loiter or poshold. So my question is while idle in guided mode, does the mode behave similar to either loiter or poshold?

Yes, GUIDED mode uses the LOITER mode control loops/code.