diff --git a/README.md b/README.md
index 2ca7761797376ba04c0c9da7eac03cb4d6dab3ba..ca9f263ea0c49a421b8b9349c9da693583cfbc8e 100644
--- a/README.md
+++ b/README.md
@@ -49,7 +49,7 @@ In order to include this template in your project, add the following to your `gi
 ```yaml
 include:
   - project: 'to-be-continuous/gcloud'
-    ref: '1.1.0'
+    ref: '1.2.0'
     file: '/templates/gitlab-ci-gcloud.yml'
 ```
 
@@ -223,7 +223,7 @@ Let's imagine a backend service:
 include:
   # Include Google Cloud template
   - project: 'to-be-continuous/gcloud'
-    ref: '1.1.0'
+    ref: '1.2.0'
     file: '/templates/gitlab-ci-gcloud.yml'
   ...
 
diff --git a/templates/gitlab-ci-gcloud.yml b/templates/gitlab-ci-gcloud.yml
index ebde9404d66a1eec590d7b55c815d88735d5b0cc..2dc1ba0589268df2731f2b39878109ba58e5fd9b 100644
--- a/templates/gitlab-ci-gcloud.yml
+++ b/templates/gitlab-ci-gcloud.yml
@@ -306,7 +306,7 @@ stages:
     fi
   }
 
-  if [[ -z "$TEMPLATE_CHECK_UPDATE_DISABLED" ]]; then check_for_update gcloud "1.1.0"; fi
+  if [[ -z "$TEMPLATE_CHECK_UPDATE_DISABLED" ]]; then check_for_update gcloud "1.2.0"; fi
 
   # export tool functions (might be used in after_script)
   export -f log_info log_warn log_error assert_defined awkenvsubst
@@ -322,7 +322,7 @@ stages:
   image: $GCP_CLI_IMAGE
   services:
     - name: "$CI_REGISTRY/to-be-continuous/tools/tracking:master"
-      command: ["--service", "gcloud", "1.1.0" ]
+      command: ["--service", "gcloud", "1.2.0" ]
   before_script:
     - *gcp-scripts
     - install_ca_certs "${CUSTOM_CA_CERTS:-$DEFAULT_CA_CERTS}"