Since end of February 2023 there have been slowly growing signs in form of a small earthquake activity in Fagradalsfjall volcano and nearby area. It is impossible to know when next eruption starts in Fagradalsfjall volcano, but last time the quiet time was around 10 months. If it is going to be shorter or longer now is impossible to know.
Currently the earthquake activity is minor, but that can change quickly and without much warning. At the writing of this article, its been 6 months and 24 days since the eruption in Meradalir valley ended. I don’t know if this is going to happen the same was as it did before last eruption. Since there’s a lot of magma at depth of 5 to 10 km now and that changes how everything functions and behaves in the crust.