Zippy it looks like a fire detection loop to my eyes, probably for detecting an exhaust overheat, but if it is a FD loop it would be attached to a warning light and horn, not a guage, as it is really on on/off type of switch, but I have never seen on mounted on a surface exposed to the external air flow. Usually they are in engine compartments, or accessory sections of nacelle's or wheel wells.
Here is a picture of a modern version on an A320 engine
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