diff --git a/src/link.js b/src/link.js
index 966c5c5..8997935 100644
--- a/src/link.js
+++ b/src/link.js
@@ -9,6 +9,7 @@
 
 import Plugin from '@ckeditor/ckeditor5-core/src/plugin';
 import ClickObserver from '@ckeditor/ckeditor5-engine/src/view/observer/clickobserver';
+import Range from '@ckeditor/ckeditor5-engine/src/view/range';
 import LinkEngine from './linkengine';
 import LinkElement from './linkelement';
 import ContextualBalloon from '@ckeditor/ckeditor5-ui/src/panel/balloon/contextualballoon';
@@ -185,11 +186,9 @@ export default class Link extends Plugin {
 		// Handle click on view document and show panel when selection is placed inside the link element.
 		// Keep panel open until selection will be inside the same link element.
 		this.listenTo( viewDocument, 'click', () => {
-			const viewSelection = viewDocument.selection;
 			const parentLink = this._getSelectedLinkElement();
 
-			// When collapsed selection is inside link element (link element is clicked).
-			if ( viewSelection.isCollapsed && parentLink ) {
+			if ( parentLink ) {
 				// Then show panel but keep focus inside editor editable.
 				this._showPanel();
 			}
@@ -345,20 +344,47 @@ export default class Link extends Plugin {
 	}
 
 	/**
-	 * Returns the {@link module:link/linkelement~LinkElement} at the first
-	 * {@link module:engine/model/position~Position} of
+	 * Returns the {@link module:link/linkelement~LinkElement} under
 	 * {@link module:engine/view/document~Document editing view's} selection or `null`
 	 * if there's none.
 	 *
+	 * **Note**: For non–collapsed selection the `LinkElement` is only returned when **fully**
+	 * selected and the **only** element within the selection boundaries.
+	 *
 	 * @private
 	 * @returns {module:link/linkelement~LinkElement|null}
 	 */
 	_getSelectedLinkElement() {
-		return this.editor.editing.view
-			.selection
-			.getFirstPosition()
-			.parent
-			.getAncestors()
-			.find( ancestor => ancestor instanceof LinkElement );
+		const selection = this.editor.editing.view.selection;
+
+		if ( selection.isCollapsed ) {
+			return findLinkElementAncestor( selection.getFirstPosition() );
+		} else {
+			// The range for fully selected link is usually anchored in adjacent text nodes.
+			// Trim it to get closer to the actual LinkElement.
+			const range = selection.getFirstRange().getTrimmed();
+			const startLink = findLinkElementAncestor( range.start );
+			const endLink = findLinkElementAncestor( range.end );
+
+			if ( !startLink || startLink != endLink ) {
+				return null;
+			}
+
+			// Check if the LinkElement is fully selected.
+			if ( Range.createIn( startLink ).getTrimmed().isEqual( range ) ) {
+				return startLink;
+			} else {
+				return null;
+			}
+		}
 	}
 }
+
+// Returns a `LinkElement` if there's one among the ancestors of the provided `Position`.
+//
+// @private
+// @param {module:engine/view/position~Position} View position to analyze.
+// @returns {module:link/linkelement~LinkElement|null} LinkElement at the position or null.
+function findLinkElementAncestor( position ) {
+	return position.getAncestors().find( ancestor => ancestor instanceof LinkElement );
+}
diff --git a/tests/link.js b/tests/link.js
index 8e3289a..6e1cce1 100644
--- a/tests/link.js
+++ b/tests/link.js
@@ -595,43 +595,77 @@ describe( 'Link', () => {
 		} );
 
 		describe( 'clicking on editable', () => {
-			let observer;
+			let observer, spy;
 
 			beforeEach( () => {
 				observer = editor.editing.view.getObserver( ClickObserver );
-			} );
+				editor.document.schema.allow( { name: '$text', inside: '$root' } );
 
-			it( 'should open with not selected formView when collapsed selection is inside link element', () => {
 				// Method is stubbed because it returns internal promise which can't be returned in test.
-				const spy = testUtils.sinon.stub( linkFeature, '_showPanel', () => {} );
+				spy = testUtils.sinon.stub( linkFeature, '_showPanel', () => {} );
+			} );
 
-				editor.document.schema.allow( { name: '$text', inside: '$root' } );
+			it( 'should open with not selected formView when collapsed selection is inside link element', () => {
 				setModelData( editor.document, '<$text linkHref="url">fo[]o</$text>' );
 
 				observer.fire( 'click', { target: document.body } );
+				sinon.assert.calledWithExactly( spy );
+			} );
 
+			it( 'should open when selection exclusively encloses a LinkElement (#1)', () => {
+				setModelData( editor.document, '[<$text linkHref="url">foo</$text>]' );
+
+				observer.fire( 'click', { target: {} } );
 				sinon.assert.calledWithExactly( spy );
 			} );
 
-			it( 'should not open when selection is not inside link element', () => {
-				const showSpy = testUtils.sinon.stub( linkFeature, '_showPanel' );
+			it( 'should open when selection exclusively encloses a LinkElement (#2)', () => {
+				setModelData( editor.document, '<$text linkHref="url">[foo]</$text>' );
+
+				observer.fire( 'click', { target: {} } );
+				sinon.assert.calledWithExactly( spy );
+			} );
 
+			it( 'should not open when selection is not inside link element', () => {
 				setModelData( editor.document, '[]' );
 
 				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
+			} );
+
+			it( 'should not open when selection is non-collapsed and doesn\'t enclose a LinkElement (#1)', () => {
+				setModelData( editor.document, '<$text linkHref="url">f[o]o</$text>' );
 
-				sinon.assert.notCalled( showSpy );
+				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
 			} );
 
-			it( 'should not open when selection is non-collapsed', () => {
-				const showSpy = testUtils.sinon.stub( linkFeature, '_showPanel' );
+			it( 'should not open when selection is non-collapsed and doesn\'t enclose a LinkElement (#2)', () => {
+				setModelData( editor.document, '<$text linkHref="url">[fo]o</$text>' );
 
-				editor.document.schema.allow( { name: '$text', inside: '$root' } );
-				setModelData( editor.document, '<$text linkHref="url">f[o]o</$text>' );
+				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
+			} );
+
+			it( 'should not open when selection is non-collapsed and doesn\'t enclose a LinkElement (#3)', () => {
+				setModelData( editor.document, '<$text linkHref="url">f[oo]</$text>' );
+
+				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
+			} );
+
+			it( 'should not open when selection is non-collapsed and doesn\'t enclose a LinkElement (#4)', () => {
+				setModelData( editor.document, 'ba[r<$text linkHref="url">foo]</$text>' );
 
 				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
+			} );
 
-				sinon.assert.notCalled( showSpy );
+			it( 'should not open when selection is non-collapsed and doesn\'t enclose a LinkElement (#5)', () => {
+				setModelData( editor.document, 'ba[r<$text linkHref="url">foo</$text>]' );
+
+				observer.fire( 'click', { target: {} } );
+				sinon.assert.notCalled( spy );
 			} );
 		} );
 	} );