its on the drivers side of the transmission about mid way on the side of the case you will see the black speedo cable IIRC its a 3/8" bolt that snugs it in remove it and pull the cable out check to see if the gear on the end of the cable is still good not worn down.
if it is you can buy replacements online or from ford for about $6 if that or maybe more
if it is you can buy replacements online or from ford for about $6 if that or maybe more