Pound falls on report Johnson planning new Brexit deadline

TOKYO (Reuters) - The British pound fell on Tuesday after reports UK Prime Minister Boris Johnson was seeking a hard line on Britain's transition period after Brexit, effectively creating a new cliff in its negotiations with Brussels.Sterling dropped as much as 0.7% to $1.3236 , as its Friday's 1-1/2-year peak of $1.3516 looked increasingly like a near-term peak following the massive relief rally after last week's UK election.Johnson's revised Withdrawal Agreement Bill would require the United..