On paper, pointedly indicated (7)

I believe the answer is:

arrowed

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'indicated' is the definition.
Both the answer and definition are past participle verbs.
Maybe they are linked in a way I don't understand?

I don't understand the remainder of the clue.

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(Another definition for arrowed that I've seen is " (Of item) pointed out".)

I've seen this clue in the Evening Standard.

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