Can we stick with using the correct name for components please
A "Pressure Relief Valve" is a pre set automatic safety device, that opens to vent excess pressure before before it reaches a dangerous level,
the thing you open to vent the hose/whip is a "Bleed Valve"
Sorry that's rubbish,
If the pressure in the whip drops between closing the cyl valve & opening the bleed, all it means is that there's a pressure leak
nothing to do with the cyl gauge unless that's where the leak is