Abstract: A two-way faucet includes a hollow faucet body; a rotatable water guide seat positioned in the faucet body; a rocker arm water guide assembly coupled to the rotatable water guide seat, the rocker arm water guide assembly including a supporting water guide seat and a supporting water guide tube in communication with the supporting water guide seat; a reversing outlet assembly assembled to one end of the supporting water guide tube afar from the supporting water guide seat, the reversing outlet assembly defining an upper outlet and a lower outlet; an outlet tube hermetically connected to the reversing outlet assembly and in communication with the upper outlet; and a shower outlet assembly having a switch assembled to one end of the outlet tube afar from the reversing outlet assembly, the shower outlet assembly being detachably supported on the supporting water guide seat.