[original post removed]
You are marking to market for gains in this question so you are comparing the forward (previously agreed on forward rate) against the rate of an opposite position (if you were selling GBP you would go long GBP)
[original post removed]
You are marking to market for gains in this question so you are comparing the forward (previously agreed on forward rate) against the rate of an opposite position (if you were selling GBP you would go long GBP)