The hydraulic system may be leaking if the pedal gradually falls away with the constant pressure. Check the master cylinder fluid level
A slight drop in reservoir level results from normal lining wear. An abnormally low level in the reservoir may indicate a leak in the system.
The hydraulic system may be leaking internally as well as externally.
Refer to Master Cylinder Inspection steps 1 and 2. The system may appear to pass this test but still have a slight leakage.