AceShowbiz -

Will Lady GaGa and Taylor Kinney be back together? Following the release of GaGa's highly-anticipated single "Perfect Illusion", fans are speculating that the song lyrics may be a reflection of her breakup from Kinney.

"It wasn't love, it wasn't love/ It was a perfect illusion (Perfect illusion)/ Mistaken for love, it wasn't love/ It was a perfect illusion (Perfect illusion)/ You were a perfect illusion," GaGa sings in "Perfect Illusion". Despite what the song lyrics suggest, according to a source, there's still hope for the former couple to reconcile.

"It was a very intense, emotional relationship...Maybe she had some things she needed to get out of her system," the source tells E! News, "But there's still a chance they may find their way back to each other. They've been talking. Everyone around them has been saying, 'Never say never.' "

Back in July, GaGa announced she and Kinney were "taking a break" after they were engaged for nearly a year.

"Taylor and I have always believed we are soulmates. Just like all couples we have ups and downs, and we have been taking a break. We are both ambitious artists, hoping to work through long-distance and complicated schedules to continue the simple love we have always shared," she wrote alongside a black-and-white photo of them with their arms around each other, "Please root us on. We're just like everybody else and we really love each other."