I take it that you have relocated it to the boot since you have checked the bypass valve isn't stuck preventing pressure to maintain itself. Sounds like your pump may be weak on the up cycle hence slow to close. It self bleeds itself and should be filled up to the mark on the side of the reservoir. Any air in the circuits will sit at the top of the reservoir above the fluid. Where are you in the UK it helps to know so we can advise where you can find a member on here to fix it if you don't want to take it to bits yourself. Put your location in your Account details so it appears on left of your posts, add car model as well.