In the basic version of gimp from gimp.org it's best to convert the profile to use gimp's default sRGB.
According to what i've read gimp works best when editing an image if the image uses gimps default sRGB profile.

https://docs.gimp.org/2.8/en/gimp-imaging-color-management.html
https://ninedegreesbelow.com/photography/patched-gimp-compared-to-default-gimp.html
Photoshop elements is different in that it's generally recommended to edit an image in it's own color profile
then convert later if needed, depending on the intended destination of the finished image.
Pse 2019 opens the images with the embedded profile instead of converting, except in the case of camera
raw images that don't have embedded profiles. Then pse 2019 uses the profile set under Edit>Color Settings.
Also pse 2019 gives you a choice of assigning a profile if the image opened other than a camera raw image has
no profile (untagged) and Edit>Color Settings is set to Allow me to Chose.
For example, images posted on the web should always have an sRGB profile embedded.
https://helpx.adobe.com/photoshop-elements/using/setting-color-management.html