Some Livebearers have that. It usually depends on coloring. Is your Guppy, by any chance, yellow or blonde or orangish or white?
If she's not, it may be a problem. It can be a sign it's empty. It can be a sign the eggs aren't fertilized yet, and it will start going brown, and black as the fry's eyes develop. Or, it can just mean the fry turned around and you cannot see their eyes anymore. Is this a constant thing, it being reddish?