Am I correct in assuming that this is a desktop system (not a laptop)?
If so, then with 1080p at 60Hz, I would suggest upgrading to an RX 570 (US prices this gives best bang for the buck), or consider an RX 580 or a GTX 1650 Super.
The CPU is still fairly viable, being 4-core/8-thread. The 8GB of RAM may hold you back a little.
What brand and model of motherboard do you have? What exact brand and model of power supply are you using?