An impressive start to Gerrard's managerial career sees Rangers enter the clash on the back of securing qualification to the Europa League group stage for the first time in eight years, and the former England captain says his players are in confident mood ahead of the match.
This year's Europa League group stage draw will take place on August 31 at the Grimaldi Forum in Monaco, one day after the draw for the Champions League.
The clubs are then split into 12 groups, with one team from each seeding tier drawn, but sides from the same nation can not be drawn together.
Rangers travel to Celtic Park on Sunday, live on Sky Sports, with a win and two draws from their opening three league games under their new manager.
Meanwhile, NAIJ.com had earlier reported Diego Costa scored the only goal that powered Atletico Madrid into the final of this year's Europa League.
Confirmed clubs such as Chelsea, Arsenal, Bayer Leverkusen, Villarreal, Anderlecht, Lazio, Sporting CP, Marseille, and AC Milan will be involved in the draw.
Having finished fifth in the Premier League last season, Maurizio Sarri's side automatically went into the group-stages of Europe's secondary competition.
With several Champions League and Europa League play-off second leg ties to be played, the remaining teams can change pot depending who progresses.