Metacognitive-oriented psychotherapy models have emerged as an effective means of supporting people with a history of psychosis to lead richer and more meaningful lives. The therapeutic dynamic, which relies on an intersubjective process between therapist and client, has the potential to enhance or to hinder therapy. However, this intersubjective process, including the role of transference and countertransference involved in metacognitive therapies, has not been well understood or articulated. Accordingly, this chapter will draw on a psychodynamic framework to explore the intersubjective nature of the relationship, by focusing on transference and countertransference within a metacognitive-oriented psychotherapy. We refer to a composite case...