I see a potential confusion with the pencil icon, does it edit the value of the statement or the label of the value? Currently on Catalan Wikipedia, and other projects using the same Wikidata module, it is used for labels missing in local language. See w:ca:Angela Merkel with an icon for English fall back "Polytechnic Secondary School Templin" and even "Q56230686" with no English label, or similarly w:se:Angela Merkel and w:ast:Angela Merkel.
Should we use two icons, for labels and values?