Just throwing things out there:
Are you running any kind of motor when this is happening?
If so, could the transducer be too close to the propeller and you are having aerated water around the transducer?
As Greg said it doesn't look like typical interference, but is your motor and your
sonar wired to the same battery?
Is anything else wired to the battery that your sonar is wired to?
Is your transducer clean. Maybe have some string/grass on or around it.
Are you fishing with 50 lines straight down around the transducer.
Sorry, couldn't help it.
I'd start with eliminating the obvious.
The first thing I'd do is to get the GPS wire away from the transducer wire.
Your suspicions may be correct.
Test results, and go from there.
Good Luck.