Smid, you really have to experiment, have a look at Matt Dubber's you tube vids (Air Arms Hunting SA). He has a series of videos called AB101 which explain in detail why it is a bad idea to fire pellets too fast, barrel twist rates, lengths and harmonic tuning to name but a few concepts. This should clear matters up for you.
I found that above 870 fps the JSB 34 gr heavies lost their ability to group well . The FX hydrids are reputed to perform best from around 930 to 970 fps and I have found this to be correct, It just happens that the settings of my Impact suit both the JSB 34 gr heavies at 870 fps which also gives me 963 fps for the FX hybrids without touching any settings, this also gives me 934 fps for the 30 gr Wildman slugs, I am sure these slugs may perform better at even higher speeds but for the moment this gun setting gives good results for all three types of ammo (power wheel on max, reg at 120 bar, valve adjuster at about 3.5 marks open). The gun also shoots 26 gr Hades and 25 gr JSB kings at 900 fps at power wheel 4.
I am waiting for the FX slug power kit then the tuning will start all over again. I should mention that at the moment I have the Huma dual port transfer port and matching probe which gave an increase in fps to the levels I mentioned above.
The longer the barrel the more time the air has to impart momentum to the slug/pellet and also for the valve to be closed before the ammo leaves the muzzle, thus also reducing turbulent air from behind the pellet/slug as it leaves the muzzle/moderator.
This is the kind of thing explained really well in Matt's videos - spend the afternoon watching all the AB101 series, his channel is on airgun101.com - enjoy, your gun is about the same age as mine so you probably have the 20 MOA pic rail.
Watch Airbuks two you tube vids on Impact power tuning and harmonic tuning as well.
good luck