Connections will decide on Grands Crus' Cheltenham target on Monday.
The seven-year-old has won each of his three starts this term, most recently when scoring an impressive victory in the Grade One Feltham Novices' Chase at Kempton over Christmas.
However, Grands Crus is also entered in the RSA Chase and Pipe will consult with owners Roger Stanley and Yvonne Reynolds before selecting a target.
"We will make a decision on Monday. We will see how Kauto is - obviously he looked in fantastic form yesterday at Wincanton," said Pipe.
"It looks like he will be going for the Gold Cup which is great for racing, but maybe not so good for us. I shall speak with the owners over the weekend and decide on Monday."