That we should be to the praise of his glory, we who had before hoped in Christ. The "we" which hitherto has been applied to the whole Church, Jewish and Gentile, begins to have a more limited reference, and to contrast with "you" in Ephesians 1:13.
The first "we" in this verse embraces all, as in the preceding part of the chapter; the second (omitted in the A.V.) is conditioned by the words following, and is applicable to the Jewish Christians, who, through the promises given to the fathers, had seen Christ's day afar off, and had thus hoped in him.
This special reference to ἡμᾶς is followed immediately by a reference to ὑμεῖς.