It has already been cancelled and will not renew when the current subscription period ends on Jully 22, 2024. When you cancel a subscription, the cancellation takes effect at the end of the current subscription period.
Also see the following:
If the option to cancel a subscription is missing, see the following excerpt from Apple Support article If you want to cancel a subscription from Apple - Apple Support
You might need to scroll down to find the Cancel Subscription button. If there is no Cancel button or you see an expiration message in red text, the subscription is already canceled.
Also, a subscription that is already cancelled will typically have wording in fine print similar to "Expires on [date]" rather than "Renews on [date].”