An increase in pressure in a fluid flow results in a decrease in speed, and vice versa, as described by Bernoulli's equation, which applies to the flow between different pressure zones. The equation is valid under conditions of steady, non-dissipative flows without external work being done on the fluid. In scenarios like the vicinity of a propeller, where external work occurs, Bernoulli's principles do not apply due to pressure jumps with minimal speed changes. Additionally, Bernoulli's equation is not applicable to unsteady flows, compressible flows, or those with viscosity. For specific cases, modified versions of Bernoulli's equation can be derived to accommodate these conditions.