Will Victoria dislike me for settling on another continent?
As far as I have ever seen when playing against Victoria is that in your particular scenario, you'd have both relationship statuses.
You would get a plus for being on the same continent, but a minus for being on a continent she wouldn't have cities on (yet). So essentially they'd balance out.
When you get further along in espionage or diplomatic view level where you can see exactly what they think, you can see the exact +/- for each particular thing affecting your relationship with her.