When driving my car the water temp slowly rises up all the way to 90 degrees, then it falls down to 60-70 degrees as if the thermostat opens

It then seems to run normally and does not go over the 90 unless sat in traffic then the rad fan kicks in.
My old gta turbo just gradually rised in temp and sat at about 80 degrees (without hitting 90 then this sudden fall in temp) from cold without touching the 90 unless again sat in traffic etc.
Could it be a stuck thermostat, dodgy water pump, or I have heard that a blockage around the turbo can cause cooling probs?
I have flushed the coolant and that seems to have helped sligtly but hasn't sorted it. There are no leaks and the system has been bled. Just strange it does it from cold and once it hits 90 degrees everything is OK.
Anyone any thoughts?