Dream of a pencil suggests that nobody is perfect. You need to accept yourself with all your imperfections and look within yourself. Dream of a pencil also indicates youre making a temporary impact. It may also suggest that a relationship with someone may not last long. Dream of sharpening a pencil suggests that you need to be more flexible in your thinking, listen to what other people say and dont reject their points of view so fast.
Read more about dreaming of Pencil in other dream meanings interpretations.