Yes, anything that's in the backpack (your original starting pack when you're level one, and it looks like a backpack) will not get touched by GB. Move everything to pack one and store any overflow in your bank. I figured this out the hard way and with advice from Tony and Kick.
if you want, there is an addon called Bankstack that I use. you can ignore slots... ie: 0 1 0 2 0 3 0 = bag number (0 = backpack) 1, 2, 3 = slot number. so bag 0, slot 1 ignores my hearthstone, and 0 2 ignores my pick or you can just stick all of your stuff in the bank
Thx for advice. Because im already tired from creating of Zapthrottle ME over and over due delivery lag of mail from my alt