Indicated it was sharp (7)

I believe the answer is:

pointed

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'indicated' is the definition.
('point' can be a synonym of 'indicate')

I can't explain the rest of the clue.

(Other definitions for pointed that I've seen before include "With a tapered tip" , "keen" , "sharpish" , "Of remark, direct and cutting" , "Rudely indicated" .)

I've seen this clue in the Evening Standard.

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