At your resolution, you should not have any problems with your cpu and video card.
Do you have 4gb of ram?
To help clarify your options, run these two tests:
1) Run your games, but reduce the resolution and eye candy to a minimum. This will simulate what will happen if you upgrade to a stronger graphics card. If your FPS improves, it indicates that your cpu is capable of driving a stronger graphics card to higher levels of FPS.
2) Keeping your graphics resolution and settings the same, reduce your cpu power. Do this by removing the overclock, or by using windows power management to set a maximum cpu% of perhaps 70%. If your FPS drops significantly, it indicates that your current cpu is a limiting factor, and that a faster cpu would help.