IMO, If one fish chases another for more than 2 minutes steady, then it is definate agression. My rainbows chase themselves around, but i never see any Directed bullying. Its usually a "Back off, get your own turf!" type thing
How big is your tank? Is it planted?
Angels are VERY easy to damage. I think that if it was some serious aggression, that the little guy would be hurt. I'd say as soon as there is damage to the black one to isolate them.
Now, I should practice what i preach, but i find 2 to be a bad number. (i have 2 angels of similar size) But the tank is heavily planted. It gives them their own area to all theirs. my slightly bigger angel takes the right side, the smaller takes the left side of the tank. The GBR's go wherever they please. lol.