Here isIt still does not seem possible to set a title in the head section and translate it, but you could create a custom customer_account_forgotpassword.xml to fix the issue with this code for @zzpaul comment above
<referenceBlock name="page.main.title"> <arguments> <argument name="title" xsi:type="string" translate="true">Forgot Your Password</argument> </arguments> </referenceBlock> Just use it in your custom customer_account_forgotpassword.xml
From Devdocs :
The
<action>instruction is deprecated. If the method implementation allows, use the<argument>for<block>or<referenceBlock>to access the block public API.