In a press release by Almannavarnir (Iceland Civil Protection) it is announced the lowering of the warning level around Eyjafjallajökull from danger area down to uncertainty level. There are also some travel restriction lifted that have been in place around Eyjafjallajökull volcano. The current warning level is the lowest warning level that Almannavarnir has.
The Press release by Almannavarnir in Icelandic. Use Google Translate at own risk.
Lækkun á almannavarnastigi frá neyðarstigi niður á óvissustig vegna eldgossins í Eyjafjallajökli (almannavarnir.is)
Icelandic News about this.
Almannavarnastig lækkað í óvissustig (mbl.is)
Almannavarnir lækka viðbúnaðarstig (Rúv.is)
Almannavarnastig vegna Eyjafjallajökuls lækkað (Vísir.is)
Over the past two weeks there have been signs appearing that a eruption might be close in Grímsfjall volcano. But a GPS station named Skrokkalda. This GPS station has started to move north, but this indicates that inflation has started in Grímsfjall volcano at full power. This did also happen at the same GPS station in 2004 before the eruption in Grímsfjall volcano that same year. But it is debated if this movement was created by ice or by a dike intrusion in Grímsfjall volcano. It is my just my personal opinion on this movement that takes place at the GPS station.
It currently remains to be seen if this northerly movement continues or if it starts to deflate again. So far this is the only indicator that Grímsfjall volcano is getting ready for a eruption. When this did happen in the year 2004 it was almost three weeks after this process started until a eruption took place. But then a glacier flood did trigger the start of the eruption in the year 2004.
For the moment the only thing to do is to wait and see what happens with Grímsfjall volcano. Nobody can tell how long the wait is going to be.