
das Pony
pony
A horse of a small breed with a maximum height at the withers of 148 cm.
Die Kinder durften auf dem Reiterhof ein Pony striegeln.
The children were allowed to groom a pony at the riding stable.
pony / bangs
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pony
A horse of a small breed with a maximum height at the withers of 148 cm.
Die Kinder durften auf dem Reiterhof ein Pony striegeln.
The children were allowed to groom a pony at the riding stable.

bangs
A hairstyle in which the hair at the front is cut short and falls over the forehead. Note: In this meaning, the gender is often masculine ('der Pony').
Sie hat sich beim Friseur einen Pony schneiden lassen.
She had bangs cut at the hairdresser's.
The article shows the meaning. 'Das Pony' (neuter) is always the small horse. 'Der Pony' (masculine) always refers to the hairstyle.
Das Pony auf der Weide ist sehr zutraulich.
The pony in the pasture is very trusting.
When referring to the animal, typical collocations are 'auf einem Pony reiten' (to ride a pony) or the term 'der Ponyhof' (pony farm/riding stable) for a riding stable with small horses for children.
Im Urlaub sind die Kinder jeden Tag auf einem Pony geritten.
On vacation, the children rode a pony every day.
In the context of a hairstyle, typical phrases are 'einen Pony tragen' (to wear bangs), 'sich einen Pony schneiden lassen' (to have bangs cut), or 'der Pony ist zu lang' (the bangs are too long).
Ich überlege, ob ich mir einen Pony schneiden lassen soll.
I'm thinking about whether I should have bangs cut.