Actually, the answer you got is correct, but probably not clear enough.
As far as I am concerned, and that was also mentioned by Tim Hall, Geo policy is enforced before Access rules. The comment done by Tomer is saying: if you have any concerns about order of rules, use Unified Policy with inline layers, where you have more control over the order of things.
Now, in the example above the topic starter only allows USA and Israel traffic while dropping anything else. The answer to the question at the end is yes, rule 7 will not be matched, as Geo Policy drops all UK traffic before Access rules