According to Archimedes principle, the buoyant force is equal to weight of the fluid displaced.
Buoyant force = Weight of water displaced
= (Mass of water displaced) x g
= (Density of water x volume of water displaced) x g
= volume x density x g
We can express this relation in the equation:$$F_B = v *\rho* g$$ where $F_B$ = Force of buoyancy , $v$= volume of water displaced, $\rho$ is density of water and g is acceleration due to gravity
So, buoyant force is independent (not dependent) of the height of water above it according to the formula. $$\text {Pressure} = \text {force} / \text {area}$$ Pressure by formula is equal to,$$ p = h* \rho*g$$ where h is the height of the water column above. So, pressure is dependent on height of water column. Area doesn't change in both cases.
Summary: Buoyant force is independent of height of fluid column above the object , whereas the pressure on the same object which is simply (force/area) is dependent on height, But Area in both cases is same ,How is this possible?
[NOTE: I've interchangeably used water sometimes to mean fluid]