I haven't kept them for long enough to determine for myself the need for or extent of a cool period but if you view the cool period as a time for regeneration, then I consider that Gymnogeophagus still breed at 66º+ in the wild and in captivity, so I think the cool period needs to be lower than that.
This winter my "cool period" was 54-55º for 4-5 weeks, for all the Gymnogeophagus and uruguayan pikes. They don't feed much at those temperatures and aren't very active, but as soon as the temps come up they return to normal very quickly. Right now their tanks are 62-66º, I plan to keep them their until it gets too warm outside to do so.
I wouldn't keep any true Geophagus below 76º.