Sounds like your transmission is going into over temp mode and employing it's cooling strategy. If the tranny reaches 140 deg C the cooling strategy will become active until it cools to 130 deg C.
When this happens the gearbox will remain in lower gears to reduce the load on the box. When it happened to me I was towing a 3t trailer that was going great on the highway but went into over temp mode after driving through a town. I didn't get any fault codes or warnings when it happened but it wouldn't go higher 3rd gear at 100km p/h until it cooled back down.
So I'm thinking your problem is in your cooling system. Maybe a blocked or faulty gearbox cooler.
I've heard that the radiators on our models can get sludge built up in the bottom that can restrict the flow through the cooler, but their is also a thermostatic valve in the cooler that could be an issue.
04 L322 Vogue V8 - Work truck
07 Freelander 2 TD4 SE - The wifes
74 Leyland P76 Targa Florio - Aspen Green
91 Kawasaki GPZ900R
Previous LRs = 78IIa series - 81, 93, 95 RRC - D2V8
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