Getting an A in GCSE maths I don't think would hinder you if you can get A* maths and further at A-level. Yes you have a chance at Oxford if you can get A*A*A with the A*'s in maths and further (the other A presumably in Physics) Doing well in the Oxford aptitude test and STEP would be very useful as well. If you go down the Physics route a full further maths A-level will help you a lot in your first year and beyond.
Go as high in terms of universities as you think you are capable of reaching, ''Shoot for the moon, even if you miss you will land amongst the stars.''